Braemar Hotels & Resorts Inc. 8.25% Series D Cumulative Preferred Stock, par value $0.01 per share (BHRpD) — Stock Correlations & Overview
Over the past year, BHRpD has moved most closely with BHRpB, TENX, SION. Explore the stocks most correlated and inversely correlated with BHRpD below, along with its price, financials, and company profile.
Stocks correlated with BHRpD
Correlation of daily returns. Higher positive values move with BHRpD; negative values move opposite it. Informational only, not investment advice.
Most correlated with BHRpD
| Symbol | Company | Correlation |
|---|---|---|
| BHRpB | Braemar Hotels & Resorts Inc. 5.50% Series B Cumulative Convertible Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.38 |
| TENX | Tenax Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | 0.31 |
| SION | Sionna Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.31 |
| NREF | NexPoint Real Estate Finance, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.27 |
| DOGZ | Dogness (International) Corporation Class A Common Stock | 0.27 |
Most inversely correlated with BHRpD
| Symbol | Company | Correlation |
|---|---|---|
| SCKT | Socket Mobile, Inc. NewELECTRONIC COMPUTERS | -0.28 |
| JWEL | Jowell Global Ltd. Ordinary Shares | -0.28 |
| BATL | Battalion Oil CorporationCRUDE PETROLEUM & NATURAL GAS | -0.25 |
| BNO | United States Brent Oil Fund, LPCOMMODITY CONTRACTS BROKERS & DEALERS | -0.22 |
| RES | RPC, Inc.OIL & GAS FIELD SERVICES, NEC | -0.22 |
Frequently asked questions about BHRpD correlations
- Which stocks are most correlated with BHRpD?
- Based on one year of daily returns, the stocks most correlated with Braemar Hotels & Resorts Inc. 8.25% Series D Cumulative Preferred Stock, par value $0.01 per share (BHRpD) are BHRpB (0.38), TENX (0.31) and SION (0.31). 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 BHRpD?
- Over the past year, the stocks most inversely correlated with Braemar Hotels & Resorts Inc. 8.25% Series D Cumulative Preferred Stock, par value $0.01 per share (BHRpD) are SCKT (-0.28), JWEL (-0.28) and BATL (-0.25). 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 BHRpD correlations calculated?
- We compute the correlation of daily returns between BHRpD 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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