Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) — Stock Correlations & Overview
Over the past year, AOMN has moved most closely with GAINI, OXSQH, BACpO. Explore the stocks most correlated and inversely correlated with AOMN below, along with its price, financials, and company profile.
Stocks correlated with AOMN
Correlation of daily returns. Higher positive values move with AOMN; negative values move opposite it. Informational only, not investment advice.
Most correlated with AOMN
| Symbol | Company | Correlation |
|---|---|---|
| GAINI | Gladstone Investment Corporation 7.875% Notes due 2030 | 0.40 |
| OXSQH | Oxford Square Capital Corp. 7.75% Notes due 2030 | 0.36 |
| BACpO | Bank of America Corporation Depositary shares, each representing 1/1,000th interest in a share of 4.375% Non-Cumulative Preferred Stock, Series NNNATIONAL COMMERCIAL BANKS | 0.30 |
| BLW | Blackrock Limited Duration Income Trust | 0.30 |
| LGO | Largo Inc. Common Shares | 0.28 |
Most inversely correlated with AOMN
| Symbol | Company | Correlation |
|---|---|---|
| PFAI | Pinnacle Food Group Limited Class A Common Shares | -0.29 |
| RKDA | Arcadia Biosciences, Inc.CRUDE PETROLEUM & NATURAL GAS | -0.29 |
| GNPX | Genprex, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.28 |
| LTRYW | Sports Entertainment Gaming Global Corporation WarrantsSERVICES-PREPACKAGED SOFTWARE | -0.27 |
| BIRD | Smartbird, Inc. Class A Common StockAPPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL | -0.24 |
Frequently asked questions about AOMN correlations
- Which stocks are most correlated with AOMN?
- Based on one year of daily returns, the stocks most correlated with Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) are GAINI (0.40), OXSQH (0.36) and BACpO (0.30). 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 AOMN?
- Over the past year, the stocks most inversely correlated with Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) are PFAI (-0.29), RKDA (-0.29) and GNPX (-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 AOMN correlations calculated?
- We compute the correlation of daily returns between AOMN 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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