BRT Apartments Corp (BRT) — Stock Correlations & Overview
Over the past year, BRT has moved most closely with OLP, PLBC, RDOG. Explore the stocks most correlated and inversely correlated with BRT below, along with its price, financials, and company profile.
Stocks correlated with BRT
Correlation of daily returns. Higher positive values move with BRT; negative values move opposite it. Informational only, not investment advice.
Most correlated with BRT
| Symbol | Company | Correlation |
|---|---|---|
| OLP | One Liberty Properties, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.57 |
| PLBC | Plumas BancorpSHORT-TERM BUSINESS CREDIT INSTITUTIONS | 0.52 |
| RDOG | ALPS REIT Dividend Dogs ETF | 0.52 |
| KBWY | Invesco KBW Premium Yield Equity REIT ETF | 0.51 |
| FNLC | First Bancorp, Inc. (ME)NATIONAL COMMERCIAL BANKS | 0.51 |
Frequently asked questions about BRT correlations
- Which stocks are most correlated with BRT?
- Based on one year of daily returns, the stocks most correlated with BRT Apartments Corp (BRT) are OLP (0.57), PLBC (0.52) and RDOG (0.52). 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 BRT?
- Over the past year, the stocks most inversely correlated with BRT Apartments Corp (BRT) are DRV (-0.38), SKRE (-0.37) and REK (-0.37). 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 BRT correlations calculated?
- We compute the correlation of daily returns between BRT 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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