Which stocks are most correlated with BPYPM?

Based on one year of daily returns, the stocks most correlated with Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) are BPYPP (0.34), BPYPO (0.30) and HPF (0.29). 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 BPYPM?

Over the past year, the stocks most inversely correlated with Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) are PHR (-0.23), MKC.V (-0.23) and TAYD (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) — Stock Correlations & Overview

Over the past year, BPYPM has moved most closely with BPYPP, BPYPO, HPF. Explore the stocks most correlated and inversely correlated with BPYPM below, along with its price, financials, and company profile.

Stocks correlated with BPYPM

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

Most correlated with BPYPM

Symbol	Company	Correlation
BPYPP	Brookfield Property Partners L.P. 6.50% Class A Cumulative Redeemable Perpetual Preferred Units	0.34
BPYPO	Brookfield Property Partners L.P. 6.375% Class A Cumulative Redeemable Perpetual Preferred Units, Series 2	0.30
HPF	John Hancock Preferred Income Fund II	0.29
MHF	Western Asset Municipal High Income Fund, Inc	0.28
WFCpD	Wells Fargo & Company Depositary Shares, each representing a 1/1, 000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DDNATIONAL COMMERCIAL BANKS	0.27

Most inversely correlated with BPYPM

Symbol	Company	Correlation
PHR	Phreesia, Inc.SERVICES-BUSINESS SERVICES, NEC	-0.23
MKC.V	McCormick & Company, Incorporated Voting CSMISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS	-0.23
TAYD	Taylor Devices IncGENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC	-0.23
AGMpD	Federal Agricultural Mortgage Corporation 5.700% Non-Cumulative Preferred Stock, Series DFEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES	-0.22
PULS	PGIM Ultra Short Bond ETF	-0.22

Frequently asked questions about BPYPM correlations

Which stocks are most correlated with BPYPM?: Based on one year of daily returns, the stocks most correlated with Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) are BPYPP (0.34), BPYPO (0.30) and HPF (0.29). 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 BPYPM?: Over the past year, the stocks most inversely correlated with Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 (BPYPM) are PHR (-0.23), MKC.V (-0.23) and TAYD (-0.23). 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 BPYPM correlations calculated?: We compute the correlation of daily returns between BPYPM 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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