Beneficient Warrant (BENFW) — Stock Correlations & Overview
Over the past year, BENFW has moved most closely with BENF, SCCD, AWX. Explore the stocks most correlated and inversely correlated with BENFW below, along with its price, financials, and company profile.
Stocks correlated with BENFW
Correlation of daily returns. Higher positive values move with BENFW; negative values move opposite it. Informational only, not investment advice.
Most correlated with BENFW
| Symbol | Company | Correlation |
|---|---|---|
| BENF | Beneficient Class A Common StockFINANCE SERVICES | 0.52 |
| SCCD | Sachem Capital Corp. 6.00% Notes due 2026REAL ESTATE INVESTMENT TRUSTS | 0.30 |
| AWX | Avalon Holdings Corp.REFUSE SYSTEMS | 0.26 |
| WGO | Winnebago Industries, Inc.MOTOR HOMES | 0.24 |
| ITGR | Integer Holdings CorporationELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS | 0.22 |
Most inversely correlated with BENFW
| Symbol | Company | Correlation |
|---|---|---|
| CMSC | CMS Energy Corporation 5.875% Junior Subordinated Notes due 2078ELECTRIC & OTHER SERVICES COMBINED | -0.34 |
| MSpF | MORGAN STANLEY SERIES FSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | -0.34 |
| APRJ | Innovator Premium Income 30 Barrier ETF - April | -0.34 |
| RLJpA | RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred SharesREAL ESTATE INVESTMENT TRUSTS | -0.31 |
| APRH | Innovator Premium Income 20 Barrier ETF - April | -0.29 |
Frequently asked questions about BENFW correlations
- Which stocks are most correlated with BENFW?
- Based on one year of daily returns, the stocks most correlated with Beneficient Warrant (BENFW) are BENF (0.52), SCCD (0.30) and AWX (0.26). 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 BENFW?
- Over the past year, the stocks most inversely correlated with Beneficient Warrant (BENFW) are CMSC (-0.34), MSpF (-0.34) and APRJ (-0.34). 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 BENFW correlations calculated?
- We compute the correlation of daily returns between BENFW 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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