Ashford Hospitality Trust, Inc. 7.50% Series I Cumulative Preferred Stock (AHTpI) — Stock Correlations & Overview
Over the past year, AHTpI has moved most closely with AHTpD, AHTpG, AHTpF. Explore the stocks most correlated and inversely correlated with AHTpI below, along with its price, financials, and company profile.
Stocks correlated with AHTpI
Correlation of daily returns. Higher positive values move with AHTpI; negative values move opposite it. Informational only, not investment advice.
Most correlated with AHTpI
| Symbol | Company | Correlation |
|---|---|---|
| AHTpD | Ashford Hospitality Trust, Inc. 8.45% Series DREAL ESTATE INVESTMENT TRUSTS | 0.69 |
| AHTpG | Ashford Hospitality Trust, Inc 7.375% Series G Cumulative Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.67 |
| AHTpF | Ashford Hospitality Trust, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.64 |
| BOLD | Boundless Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.35 |
| LGND | Ligand Pharmaceuticals Inc.PHARMACEUTICAL PREPARATIONS | 0.29 |
Most inversely correlated with AHTpI
| Symbol | Company | Correlation |
|---|---|---|
| XAIR | Beyond Air, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.39 |
| BCTX | Briacell Therapeutics Corp. Common SharesPHARMACEUTICAL PREPARATIONS | -0.31 |
| PKX | POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) | -0.28 |
| FBIOP | Fortress Biotech, Inc. 9.375% Series A Cumulative Redeemable Perpetual Preferred StockPHARMACEUTICAL PREPARATIONS | -0.27 |
| PMAX | Powell Max Limited Class A Ordinary Shares | -0.24 |
Frequently asked questions about AHTpI correlations
- Which stocks are most correlated with AHTpI?
- Based on one year of daily returns, the stocks most correlated with Ashford Hospitality Trust, Inc. 7.50% Series I Cumulative Preferred Stock (AHTpI) are AHTpD (0.69), AHTpG (0.67) and AHTpF (0.64). 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 AHTpI?
- Over the past year, the stocks most inversely correlated with Ashford Hospitality Trust, Inc. 7.50% Series I Cumulative Preferred Stock (AHTpI) are XAIR (-0.39), BCTX (-0.31) and PKX (-0.28). 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 AHTpI correlations calculated?
- We compute the correlation of daily returns between AHTpI 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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