Adamas Trust, Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMN) — Stock Correlations & Overview
Over the past year, ADAMN has moved most closely with AGNCP, XFLX, AGNCO. Explore the stocks most correlated and inversely correlated with ADAMN below, along with its price, financials, and company profile.
Stocks correlated with ADAMN
Correlation of daily returns. Higher positive values move with ADAMN; negative values move opposite it. Informational only, not investment advice.
Most correlated with ADAMN
| Symbol | Company | Correlation |
|---|---|---|
| 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 | 0.41 |
| XFLX | FundX Flexible ETF | 0.37 |
| 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 | 0.37 |
| ADAMM | Adamas Trust, Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.36 |
| OCTH | Innovator Premium Income 20 Barrier ETF - October | 0.36 |
Most inversely correlated with ADAMN
| Symbol | Company | Correlation |
|---|---|---|
| INBS | Intelligent Bio Solutions Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.21 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.18 |
| RLMD | Relmada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.17 |
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.17 |
| SKF | ProShares UltraShort Financials | -0.17 |
Frequently asked questions about ADAMN correlations
- Which stocks are most correlated with ADAMN?
- Based on one year of daily returns, the stocks most correlated with Adamas Trust, Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMN) are AGNCP (0.41), XFLX (0.37) and AGNCO (0.37). 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 ADAMN?
- Over the past year, the stocks most inversely correlated with Adamas Trust, Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMN) are INBS (-0.21), SCC (-0.18) and RLMD (-0.17). 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 ADAMN correlations calculated?
- We compute the correlation of daily returns between ADAMN 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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