AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7.75% Series G Fixed-Rate Reset Cumulative Redeemable Preferred Stock (AGNCL) — Stock Correlations & Overview
Over the past year, AGNCL has moved most closely with AGNCP, AGNCO, AGNCN. Explore the stocks most correlated and inversely correlated with AGNCL below, along with its price, financials, and company profile.
Stocks correlated with AGNCL
Correlation of daily returns. Higher positive values move with AGNCL; negative values move opposite it. Informational only, not investment advice.
Most correlated with AGNCL
| 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 | 0.42 |
| 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 | 0.40 |
| AGNCN | AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7 percent Series C Fixed-To-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.38 |
| ATLCZ | Atlanticus Holdings Corporation 9.25% Senior Notes due 2029PERSONAL CREDIT INSTITUTIONS | 0.35 |
| AGNCM | AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.34 |
Most inversely correlated with AGNCL
| Symbol | Company | Correlation |
|---|---|---|
| RANGR | Range Capital Acquisition Corp. RightsBLANK CHECKS | -0.20 |
| WDS | Woodside Energy Group Limited American Depositary Shares, each representing one Ordinary Share | -0.19 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.18 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.18 |
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.18 |
Frequently asked questions about AGNCL correlations
- Which stocks are most correlated with AGNCL?
- Based on one year of daily returns, the stocks most correlated with AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7.75% Series G Fixed-Rate Reset Cumulative Redeemable Preferred Stock (AGNCL) are AGNCP (0.42), AGNCO (0.40) and AGNCN (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 AGNCL?
- Over the past year, the stocks most inversely correlated with AGNC Investment Corp. Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7.75% Series G Fixed-Rate Reset Cumulative Redeemable Preferred Stock (AGNCL) are RANGR (-0.20), WDS (-0.19) and SCC (-0.18). 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 AGNCL correlations calculated?
- We compute the correlation of daily returns between AGNCL 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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