ARMOUR Residential REIT, Inc. 7.00% Series C Cumulative Redeemable Preferred Stock (ARRpC) — Stock Correlations & Overview
Over the past year, ARRpC has moved most closely with PFFA, PGX, PGF. Explore the stocks most correlated and inversely correlated with ARRpC below, along with its price, financials, and company profile.
Stocks correlated with ARRpC
Correlation of daily returns. Higher positive values move with ARRpC; negative values move opposite it. Informational only, not investment advice.
Most correlated with ARRpC
| Symbol | Company | Correlation |
|---|---|---|
| PFFA | Virtus InfraCap U.S. Preferred Stock ETF | 0.41 |
| PGX | Invesco Preferred ETFINVESTMENT ADVICE | 0.41 |
| PGF | Invesco Financial Preferred ETF | 0.38 |
| 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 | 0.38 |
| LIAU | LifeX 2060 Inflation-Protected Longevity Income ETF | 0.38 |
Frequently asked questions about ARRpC correlations
- Which stocks are most correlated with ARRpC?
- Based on one year of daily returns, the stocks most correlated with ARMOUR Residential REIT, Inc. 7.00% Series C Cumulative Redeemable Preferred Stock (ARRpC) are PFFA (0.41), PGX (0.41) and PGF (0.38). 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 ARRpC?
- Over the past year, the stocks most inversely correlated with ARMOUR Residential REIT, Inc. 7.00% Series C Cumulative Redeemable Preferred Stock (ARRpC) are RXD (-0.30), DRV (-0.29) and SRS (-0.27). 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 ARRpC correlations calculated?
- We compute the correlation of daily returns between ARRpC 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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