Saul Centers, Inc. Depositary Shares, each representing 1/100th of a share of 6.000% Series E Cumulative Redeemable Preferred Stock (BFSpE) — Stock Correlations & Overview
Over the past year, BFSpE has moved most closely with FFC, TRTNpD, EVF. Explore the stocks most correlated and inversely correlated with BFSpE below, along with its price, financials, and company profile.
Stocks correlated with BFSpE
Correlation of daily returns. Higher positive values move with BFSpE; negative values move opposite it. Informational only, not investment advice.
Most correlated with BFSpE
| Symbol | Company | Correlation |
|---|---|---|
| FFC | Flaherty & Crumrine Preferred and Income Securities Fund Incorporated | 0.34 |
| TRTNpD | Triton International Limited 6.875% Series D Cumulative Redeemable Perpetual Preference SharesSERVICES-EQUIPMENT RENTAL & LEASING, NEC | 0.33 |
| EVF | Eaton Vance Senior Income Trust | 0.32 |
| IGI | Western Asset Investment Grade Defined Opportunity Trust Inc. | 0.32 |
| HYUP | Xtrackers High Beta High Yield Bond ETF | 0.31 |
Most inversely correlated with BFSpE
| Symbol | Company | Correlation |
|---|---|---|
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.27 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.26 |
| EPV | ProShares UltraShort FTSE Europe | -0.26 |
| NCI | Neo-Concept International Group Holdings Limited Class A Ordinary Shares | -0.26 |
| SDD | ProShares UltraShort SmallCap600 | -0.25 |
Frequently asked questions about BFSpE correlations
- Which stocks are most correlated with BFSpE?
- Based on one year of daily returns, the stocks most correlated with Saul Centers, Inc. Depositary Shares, each representing 1/100th of a share of 6.000% Series E Cumulative Redeemable Preferred Stock (BFSpE) are FFC (0.34), TRTNpD (0.33) and EVF (0.32). 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 BFSpE?
- Over the past year, the stocks most inversely correlated with Saul Centers, Inc. Depositary Shares, each representing 1/100th of a share of 6.000% Series E Cumulative Redeemable Preferred Stock (BFSpE) are EFU (-0.27), JETD (-0.26) and EPV (-0.26). 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 BFSpE correlations calculated?
- We compute the correlation of daily returns between BFSpE 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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