Banc of California, Inc. Depositary Shares, each representing a 1/40th interest in a share of 7.75% non- cumulative perpetual preferred stock, Series F (BANCpF) — Stock Correlations & Overview
Over the past year, BANCpF has moved most closely with PFFA, TpC, PGX. Explore the stocks most correlated and inversely correlated with BANCpF below, along with its price, financials, and company profile.
Stocks correlated with BANCpF
Correlation of daily returns. Higher positive values move with BANCpF; negative values move opposite it. Informational only, not investment advice.
Most correlated with BANCpF
| Symbol | Company | Correlation |
|---|---|---|
| PFFA | Virtus InfraCap U.S. Preferred Stock ETF | 0.45 |
| TpC | AT&T Inc. Depositary Shares, each representing a 1/1,000th interest in a share of 4.750% Perpetual Preferred Stock, Series CTELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | 0.40 |
| PGX | Invesco Preferred ETFINVESTMENT ADVICE | 0.40 |
| TpA | AT&T Inc. Depositary Shares, each representing a 1/1,000th interest in a share of 5.000% Perpetual Preferred Stock, Series ATELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | 0.39 |
| EPRF | Innovator S&P Investment Grade Preferred ETF | 0.39 |
Most inversely correlated with BANCpF
| Symbol | Company | Correlation |
|---|---|---|
| SBB | ProShares Short SmallCap600 | -0.28 |
| SDD | ProShares UltraShort SmallCap600 | -0.28 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.27 |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.27 |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.27 |
Frequently asked questions about BANCpF correlations
- Which stocks are most correlated with BANCpF?
- Based on one year of daily returns, the stocks most correlated with Banc of California, Inc. Depositary Shares, each representing a 1/40th interest in a share of 7.75% non- cumulative perpetual preferred stock, Series F (BANCpF) are PFFA (0.45), TpC (0.40) and PGX (0.40). 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 BANCpF?
- Over the past year, the stocks most inversely correlated with Banc of California, Inc. Depositary Shares, each representing a 1/40th interest in a share of 7.75% non- cumulative perpetual preferred stock, Series F (BANCpF) are SBB (-0.28), SDD (-0.28) and FLYD (-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 BANCpF correlations calculated?
- We compute the correlation of daily returns between BANCpF 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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