AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock (AGNCM) — Stock Correlations & Overview
Over the past year, AGNCM has moved most closely with AGNCP, AGNCO, AGNCZ. Explore the stocks most correlated and inversely correlated with AGNCM below, along with its price, financials, and company profile.
Stocks correlated with AGNCM
Correlation of daily returns. Higher positive values move with AGNCM; negative values move opposite it. Informational only, not investment advice.
Most correlated with AGNCM
| 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 | 0.65 |
| 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 | 0.61 |
| AGNCZ | AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.55 |
| 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 | 0.53 |
| WTFCN | Wintrust Financial Corporation Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred StocKSTATE COMMERCIAL BANKS | 0.46 |
Frequently asked questions about AGNCM correlations
- Which stocks are most correlated with AGNCM?
- Based on one year of daily returns, the stocks most correlated with AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock (AGNCM) are AGNCP (0.65), AGNCO (0.61) and AGNCZ (0.55). 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 AGNCM?
- Over the past year, the stocks most inversely correlated with AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock (AGNCM) are SDOW (-0.30), DOG (-0.30) and DXD (-0.29). 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 AGNCM correlations calculated?
- We compute the correlation of daily returns between AGNCM 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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