Federal Agricultural Mortgage Corporation (AGM) — Stock Correlations & Overview
Over the past year, AGM has moved most closely with PSCF, XSLV, MTUS. Explore the stocks most correlated and inversely correlated with AGM below, along with its price, financials, and company profile.
Stocks correlated with AGM
Correlation of daily returns. Higher positive values move with AGM; negative values move opposite it. Informational only, not investment advice.
Most correlated with AGM
| Symbol | Company | Correlation |
|---|---|---|
| PSCF | Invesco S&P SmallCap Financials ETFINVESTMENT ADVICE | 0.43 |
| XSLV | Invesco S&P SmallCap Low Volatility ETF | 0.42 |
| MTUS | Metallus Inc.STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) | 0.41 |
| GSBC | Great Southern Bancorp IncSTATE COMMERCIAL BANKS | 0.40 |
| KBE | State Street SPDR S&P Bank ETF | 0.40 |
Frequently asked questions about AGM correlations
- Which stocks are most correlated with AGM?
- Based on one year of daily returns, the stocks most correlated with Federal Agricultural Mortgage Corporation (AGM) are PSCF (0.43), XSLV (0.42) and MTUS (0.41). 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 AGM?
- Over the past year, the stocks most inversely correlated with Federal Agricultural Mortgage Corporation (AGM) are SKRE (-0.39), HDGE (-0.34) and SBB (-0.33). 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 AGM correlations calculated?
- We compute the correlation of daily returns between AGM 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.