Federal Agricultural Mortgage Corporation 4.875% Non-Cumulative Preferred Stock, Series G (AGMpG) — Stock Correlations & Overview
Over the past year, AGMpG has moved most closely with FRTpC, AGMpF, ALLpH. Explore the stocks most correlated and inversely correlated with AGMpG below, along with its price, financials, and company profile.
Stocks correlated with AGMpG
Correlation of daily returns. Higher positive values move with AGMpG; negative values move opposite it. Informational only, not investment advice.
Most correlated with AGMpG
| Symbol | Company | Correlation |
|---|---|---|
| FRTpC | Federal Realty Investment Trust Depositary Shares, each representing a 1/1000th interest in a 5.000 percent Series C Cumulative Redeemable Preferred ShareREAL ESTATE INVESTMENT TRUSTS | 0.42 |
| AGMpF | Federal Agricultural Mortgage Corporation 5.250% Non-Cumulative Preferred Stock, Series FFEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES | 0.39 |
| ALLpH | The Allstate CorporationFIRE, MARINE & CASUALTY INSURANCE | 0.38 |
| MSpO | Morgan Stanley Depositary Shares, each representing 1/1,000th of a share of 4.250% Non-Cumulative Preferred Stock, Series OSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.38 |
| USBpS | U.S. Bancorp Depositary Shares, each representing a 1/1, 000th interest in a share of Series O Non- Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.38 |
Most inversely correlated with AGMpG
| Symbol | Company | Correlation |
|---|---|---|
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.22 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.22 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | -0.22 |
| TWM | ProShares UltraShort Russell2000 | -0.22 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.21 |
Frequently asked questions about AGMpG correlations
- Which stocks are most correlated with AGMpG?
- Based on one year of daily returns, the stocks most correlated with Federal Agricultural Mortgage Corporation 4.875% Non-Cumulative Preferred Stock, Series G (AGMpG) are FRTpC (0.42), AGMpF (0.39) and ALLpH (0.38). 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 AGMpG?
- Over the past year, the stocks most inversely correlated with Federal Agricultural Mortgage Corporation 4.875% Non-Cumulative Preferred Stock, Series G (AGMpG) are CARD (-0.22), TZA (-0.22) and SPDN (-0.22). 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 AGMpG correlations calculated?
- We compute the correlation of daily returns between AGMpG 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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