Federal Agricultural Mortgage Corporation 6.500% Non-Cumulative Preferred Stock, Series H (AGMpH) — Stock Correlations & Overview
Over the past year, AGMpH has moved most closely with PMO, USBpQ, AGMpF. Explore the stocks most correlated and inversely correlated with AGMpH below, along with its price, financials, and company profile.
Stocks correlated with AGMpH
Correlation of daily returns. Higher positive values move with AGMpH; negative values move opposite it. Informational only, not investment advice.
Most correlated with AGMpH
| Symbol | Company | Correlation |
|---|---|---|
| PMO | Franklin Municipal Opportunities Trust | 0.33 |
| USBpQ | U.S. Bancorp Depositary Shares, Each Representing a 1/1, 000th Interest in a Share of Series L Non- Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.32 |
| AGMpF | Federal Agricultural Mortgage Corporation 5.250% Non-Cumulative Preferred Stock, Series FFEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES | 0.32 |
| PFFL | ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | 0.31 |
| 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 | 0.31 |
Most inversely correlated with AGMpH
| Symbol | Company | Correlation |
|---|---|---|
| SCC | ProShares UltraShort Consumer Discretionary | -0.27 |
| PFIX | Simplify Interest Rate Hedge ETF | -0.24 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | -0.24 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.24 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.24 |
Frequently asked questions about AGMpH correlations
- Which stocks are most correlated with AGMpH?
- Based on one year of daily returns, the stocks most correlated with Federal Agricultural Mortgage Corporation 6.500% Non-Cumulative Preferred Stock, Series H (AGMpH) are PMO (0.33), USBpQ (0.32) and AGMpF (0.32). 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 AGMpH?
- Over the past year, the stocks most inversely correlated with Federal Agricultural Mortgage Corporation 6.500% Non-Cumulative Preferred Stock, Series H (AGMpH) are SCC (-0.27), PFIX (-0.24) and QQQD (-0.24). 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 AGMpH correlations calculated?
- We compute the correlation of daily returns between AGMpH 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.