Which stocks are most correlated with BIPH?

Based on one year of daily returns, the stocks most correlated with Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) are BIPI (0.56), CMSC (0.48) and BEPI (0.46). 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 BIPH?

Over the past year, the stocks most inversely correlated with Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) are GIFT (-0.27), ONMD (-0.20) and EFT (-0.20). A negative correlation means the two stocks have tended to move in opposite directions.

Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) — Stock Correlations & Overview

Over the past year, BIPH has moved most closely with BIPI, CMSC, BEPI. Explore the stocks most correlated and inversely correlated with BIPH below, along with its price, financials, and company profile.

Stocks correlated with BIPH

Correlation of daily returns. Higher positive values move with BIPH; negative values move opposite it. Informational only, not investment advice.

Most correlated with BIPH

Symbol	Company	Correlation
BIPI	BIP Bermuda Holdings I Limited 5.125% Perpetual Subordinated Notes	0.56
CMSC	CMS Energy Corporation 5.875% Junior Subordinated Notes due 2078ELECTRIC & OTHER SERVICES COMBINED	0.48
BEPI	Brookfield BRP Holdings (Canada) Inc. 4.875% Perpetual Subordinated Notes	0.46
GPJA	Georgia Power Company Series 2017A 5.00 Percent Junior Subordinated Notes due October 1, 2077ELECTRIC SERVICES	0.42
BIPpA	Brookfield Infrastructure Partners L.P. 5.125% Class A Preferred Limited Partnership Units, Series 13	0.42

Most inversely correlated with BIPH

Symbol	Company	Correlation
GIFT	Giftify, Inc. Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES	-0.27
ONMD	OneMedNet Corp Class A Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH	-0.20
EFT	Eaton Vance Floating-Rate Income Trust	-0.20
FLRN	State Street SPDR Bloomberg Investment Grade Floating Rate ETF	-0.19
ODYS	Odysight.ai Inc. Common StockSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN	-0.19

Frequently asked questions about BIPH correlations

Which stocks are most correlated with BIPH?: Based on one year of daily returns, the stocks most correlated with Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) are BIPI (0.56), CMSC (0.48) and BEPI (0.46). 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 BIPH?: Over the past year, the stocks most inversely correlated with Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 (BIPH) are GIFT (-0.27), ONMD (-0.20) and EFT (-0.20). 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 BIPH correlations calculated?: We compute the correlation of daily returns between BIPH 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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