Which stocks are most correlated with ADAMG?

Based on one year of daily returns, the stocks most correlated with Adamas Trust, Inc. 9.125% Senior Notes Due 2030 (ADAMG) are ADAMI (0.56), ADAMH (0.51) and VLYPP (0.42). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with ADAMG?

Over the past year, the stocks most inversely correlated with Adamas Trust, Inc. 9.125% Senior Notes Due 2030 (ADAMG) are SPTU (-0.25), BIL (-0.21) and VBIL (-0.20). A negative correlation means the two stocks have tended to move in opposite directions.

Adamas Trust, Inc. 9.125% Senior Notes Due 2030 (ADAMG) — Stock Correlations & Overview

Over the past year, ADAMG has moved most closely with ADAMI, ADAMH, VLYPP. Explore the stocks most correlated and inversely correlated with ADAMG below, along with its price, financials, and company profile.

Stocks correlated with ADAMG

Correlation of daily returns. Higher positive values move with ADAMG; negative values move opposite it. Informational only, not investment advice.

Most correlated with ADAMG

Symbol	Company	Correlation
ADAMI	Adamas Trust, Inc. 9.125% Senior Notes Due 2029REAL ESTATE INVESTMENT TRUSTS	0.56
ADAMH	Adamas Trust, Inc. 9.875% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS	0.51
VLYPP	Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series ANATIONAL COMMERCIAL BANKS	0.42
OXLCI	Oxford Lane Capital Corp. 8.75% Notes due 2030	0.39
PMTU	PennyMac Mortgage Investment Trust 8.50% Senior Notes due 2028REAL ESTATE INVESTMENT TRUSTS	0.35

Most inversely correlated with ADAMG

Symbol	Company	Correlation
SPTU	State Street SPDR Portfolio Ultra Short T-Bill ETF	-0.25
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	-0.21
VBIL	Vanguard 0-3 Month Treasury Bill ETF	-0.20
NUSB	Nuveen Ultra Short Income ETF	-0.20
BILS	State Street SPDR Bloomberg 3-12 Month T-Bill ETF	-0.20

Frequently asked questions about ADAMG correlations

Which stocks are most correlated with ADAMG?: Based on one year of daily returns, the stocks most correlated with Adamas Trust, Inc. 9.125% Senior Notes Due 2030 (ADAMG) are ADAMI (0.56), ADAMH (0.51) and VLYPP (0.42). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with ADAMG?: Over the past year, the stocks most inversely correlated with Adamas Trust, Inc. 9.125% Senior Notes Due 2030 (ADAMG) are SPTU (-0.25), BIL (-0.21) and VBIL (-0.20). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these ADAMG correlations calculated?: We compute the correlation of daily returns between ADAMG and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.