Angel Oak Mortgage REIT, Inc. (AOMR) — Stock Correlations & Overview

Over the past year, AOMR has moved most closely with RIET, MFA, REM. Explore the stocks most correlated and inversely correlated with AOMR below, along with its price, financials, and company profile.

Stocks correlated with AOMR

Correlation of daily returns. Higher positive values move with AOMR; negative values move opposite it. Informational only, not investment advice.

Most correlated with AOMR

SymbolCompanyCorrelation
RIETHoya Capital High Dividend Yield ETF0.60
MFAMFA Financial, IncREAL ESTATE INVESTMENT TRUSTS0.58
REMiShares Mortgage Real Estate ETF0.55
HYINWisdomTree Private Credit and Alternative Income Fund0.55
XSHDInvesco S&P SmallCap High Dividend Low Volatility ETFINVESTMENT ADVICE0.54

Most inversely correlated with AOMR

SymbolCompanyCorrelation
HDGEAdvisorShares Ranger Equity Bear ETF-0.42
EMTYProShares Decline of the Retail Store ETF-0.40
SDDProShares UltraShort SmallCap600-0.39
SBBProShares Short SmallCap600-0.38
DWSHAdvisorShares Dorsey Wright Short ETF-0.38

Frequently asked questions about AOMR correlations

Which stocks are most correlated with AOMR?
Based on one year of daily returns, the stocks most correlated with Angel Oak Mortgage REIT, Inc. (AOMR) are RIET (0.60), MFA (0.58) and REM (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 AOMR?
Over the past year, the stocks most inversely correlated with Angel Oak Mortgage REIT, Inc. (AOMR) are HDGE (-0.42), EMTY (-0.40) and SDD (-0.39). 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 AOMR correlations calculated?
We compute the correlation of daily returns between AOMR 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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