American Financial Group, Inc. 5.625% Subordinated Debentures due 2060 (AFGD) — Stock Correlations & Overview
Over the past year, AFGD has moved most closely with PRH, PFH, TFCpR. Explore the stocks most correlated and inversely correlated with AFGD below, along with its price, financials, and company profile.
Stocks correlated with AFGD
Correlation of daily returns. Higher positive values move with AFGD; negative values move opposite it. Informational only, not investment advice.
Most correlated with AFGD
| Symbol | Company | Correlation |
|---|---|---|
| PRH | Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062LIFE INSURANCE | 0.58 |
| PFH | Prudential Financial, Inc. 4.125% Junior Subordinated Notes due 2060LIFE INSURANCE | 0.52 |
| TFCpR | Truist Financial Corporation Depositary Shares, each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.52 |
| DTW | DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077ELECTRIC SERVICES | 0.51 |
| FpB | Ford Motor Company 6.20% Notes due June 1, 2059MOTOR VEHICLES & PASSENGER CAR BODIES | 0.51 |
Most inversely correlated with AFGD
| Symbol | Company | Correlation |
|---|---|---|
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.33 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.32 |
| SMST | Tidal Trust II Defiance Daily Target 2x Short MSTR ETF | -0.31 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.31 |
| EFZ | ProShares Trust Short MSCI EAFE | -0.30 |
Frequently asked questions about AFGD correlations
- Which stocks are most correlated with AFGD?
- Based on one year of daily returns, the stocks most correlated with American Financial Group, Inc. 5.625% Subordinated Debentures due 2060 (AFGD) are PRH (0.58), PFH (0.52) and TFCpR (0.52). 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 AFGD?
- Over the past year, the stocks most inversely correlated with American Financial Group, Inc. 5.625% Subordinated Debentures due 2060 (AFGD) are CARD (-0.33), MSTZ (-0.32) and SMST (-0.31). 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 AFGD correlations calculated?
- We compute the correlation of daily returns between AFGD 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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