American Homes 4 Rent Series H cumulative redeemable perpetual Preferred Shares of Beneficial Interest (AMHpH) — Stock Correlations & Overview
Over the past year, AMHpH has moved most closely with GLpD, AMHpG, DLRpL. Explore the stocks most correlated and inversely correlated with AMHpH below, along with its price, financials, and company profile.
Stocks correlated with AMHpH
Correlation of daily returns. Higher positive values move with AMHpH; negative values move opposite it. Informational only, not investment advice.
Most correlated with AMHpH
| Symbol | Company | Correlation |
|---|---|---|
| GLpD | Globe Life Inc. 4.25% Junior Subordinated Debentures due 2061LIFE INSURANCE | 0.38 |
| AMHpG | American Homes 4 Rent Series G cumulative redeemable perpetual preferred shares of beneficial interestREAL ESTATE INVESTMENT TRUSTS | 0.37 |
| DLRpL | Digital Realty Trust, Inc. 5.200% Series L Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.37 |
| DUKpA | Duke Energy Corporation Depositary Shares, each representing a 1/1,000th interest in a share of 5.75% Series A Cumulative Redeemable Perpetual Preferred StockELECTRIC & OTHER SERVICES COMBINED | 0.37 |
| WRBpE | W.R. Berkley Corporation 5.70% Subordinated Debentures due 2058FIRE, MARINE & CASUALTY INSURANCE | 0.36 |
Most inversely correlated with AMHpH
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.21 |
| WCT | Wellchange Holdings Company Limited Class A Ordinary shares | -0.21 |
| WETO | Wetour Robotics Limited Ordinary Shares | -0.20 |
| CRSH | YieldMax Short TSLA Option Income Strategy ETF | -0.20 |
| TSLQ | Investment Managers Series Trust II Tradr 2X Short TSLA Daily ETF | -0.20 |
Frequently asked questions about AMHpH correlations
- Which stocks are most correlated with AMHpH?
- Based on one year of daily returns, the stocks most correlated with American Homes 4 Rent Series H cumulative redeemable perpetual Preferred Shares of Beneficial Interest (AMHpH) are GLpD (0.38), AMHpG (0.37) and DLRpL (0.37). 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 AMHpH?
- Over the past year, the stocks most inversely correlated with American Homes 4 Rent Series H cumulative redeemable perpetual Preferred Shares of Beneficial Interest (AMHpH) are HDGE (-0.21), WCT (-0.21) and WETO (-0.20). 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 AMHpH correlations calculated?
- We compute the correlation of daily returns between AMHpH 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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