Adamas Trust, Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMM) — Stock Correlations & Overview
Over the past year, ADAMM has moved most closely with AGNCO, AGNCN, AGNCP. Explore the stocks most correlated and inversely correlated with ADAMM below, along with its price, financials, and company profile.
Stocks correlated with ADAMM
Correlation of daily returns. Higher positive values move with ADAMM; negative values move opposite it. Informational only, not investment advice.
Most correlated with ADAMM
| Symbol | Company | Correlation |
|---|---|---|
| AGNCO | AGNC Investment Corp. Depositary Shares, each representing a 1/1,000th interest in a share of 6.50% Series E Fixed-to-Floating Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.59 |
| AGNCN | AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7 percent Series C Fixed-To-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.52 |
| AGNCP | AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 6.125% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.50 |
| ATLCZ | Atlanticus Holdings Corporation 9.25% Senior Notes due 2029PERSONAL CREDIT INSTITUTIONS | 0.49 |
| AGNCZ | AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.48 |
Most inversely correlated with ADAMM
| Symbol | Company | Correlation |
|---|---|---|
| CYCN | Cyclerion Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.36 |
| BZQ | ProShares UltraShort MSCI Brazil Capped | -0.22 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.21 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.21 |
| TBX | ProShares Short 7-10 Year Treasury | -0.21 |
Frequently asked questions about ADAMM correlations
- Which stocks are most correlated with ADAMM?
- Based on one year of daily returns, the stocks most correlated with Adamas Trust, Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMM) are AGNCO (0.59), AGNCN (0.52) and AGNCP (0.50). 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 ADAMM?
- Over the past year, the stocks most inversely correlated with Adamas Trust, Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMM) are CYCN (-0.36), BZQ (-0.22) and PST (-0.21). 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 ADAMM correlations calculated?
- We compute the correlation of daily returns between ADAMM 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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