Which stocks are most correlated with ADAMH?

Based on one year of daily returns, the stocks most correlated with Adamas Trust, Inc. 9.875% Senior Notes Due 2030 (ADAMH) are ADAMI (0.60), ADAMG (0.58) and SWKHL (0.51). 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 ADAMH?

Over the past year, the stocks most inversely correlated with Adamas Trust, Inc. 9.875% Senior Notes Due 2030 (ADAMH) are SJB (-0.22), RWM (-0.20) and EFZ (-0.20). A negative correlation means the two stocks have tended to move in opposite directions.

Adamas Trust, Inc. 9.875% Senior Notes Due 2030 (ADAMH) — Stock Correlations & Overview

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

Stocks correlated with ADAMH

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

Most correlated with ADAMH

Symbol	Company	Correlation
ADAMI	Adamas Trust, Inc. 9.125% Senior Notes Due 2029REAL ESTATE INVESTMENT TRUSTS	0.60
ADAMG	Adamas Trust, Inc. 9.125% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS	0.58
SWKHL	SWK Holdings Corporation 9.00% Senior Notes due 2027MISCELLANEOUS BUSINESS CREDIT INSTITUTION	0.51
OXLCG	Oxford Lane Capital Corp. 7.95% Notes due 2032	0.47
PMTU	PennyMac Mortgage Investment Trust 8.50% Senior Notes due 2028REAL ESTATE INVESTMENT TRUSTS	0.43

Most inversely correlated with ADAMH

Symbol	Company	Correlation
SJB	ProShares Short High Yield	-0.22
RWM	ProShares Short Russell2000	-0.20
EFZ	ProShares Trust Short MSCI EAFE	-0.20
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.20
SRTY	ProShares UltraPro Short Russell2000	-0.19

Frequently asked questions about ADAMH correlations

Which stocks are most correlated with ADAMH?: Based on one year of daily returns, the stocks most correlated with Adamas Trust, Inc. 9.875% Senior Notes Due 2030 (ADAMH) are ADAMI (0.60), ADAMG (0.58) and SWKHL (0.51). 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 ADAMH?: Over the past year, the stocks most inversely correlated with Adamas Trust, Inc. 9.875% Senior Notes Due 2030 (ADAMH) are SJB (-0.22), RWM (-0.20) and EFZ (-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 ADAMH correlations calculated?: We compute the correlation of daily returns between ADAMH 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.

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