Burford Capital Limited (BUR) — Stock Correlations & Overview
Over the past year, BUR has moved most closely with LTRN, MGRE, CVRD. Explore the stocks most correlated and inversely correlated with BUR below, along with its price, financials, and company profile.
Stocks correlated with BUR
Correlation of daily returns. Higher positive values move with BUR; negative values move opposite it. Informational only, not investment advice.
Most correlated with BUR
| Symbol | Company | Correlation |
|---|---|---|
| LTRN | Lantern Pharma Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.60 |
| MGRE | Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064INVESTMENT ADVICE | 0.46 |
| CVRD | Madison Covered Call ETF | 0.45 |
| LGI | Lazard Global Total Return & Income Fund | 0.45 |
| MAYM | FT Vest U.S. Equity Max Buffer ETF - May | 0.45 |
Most inversely correlated with BUR
| Symbol | Company | Correlation |
|---|---|---|
| ARTL | Artelo Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.50 |
| SST | System1, Inc.SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | -0.41 |
| TWOpC | Two Harbors Investment Corp 7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.41 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | -0.38 |
| SDS | ProShares UltraShort S&P500 | -0.38 |
Frequently asked questions about BUR correlations
- Which stocks are most correlated with BUR?
- Based on one year of daily returns, the stocks most correlated with Burford Capital Limited (BUR) are LTRN (0.60), MGRE (0.46) and CVRD (0.45). 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 BUR?
- Over the past year, the stocks most inversely correlated with Burford Capital Limited (BUR) are ARTL (-0.50), SST (-0.41) and TWOpC (-0.41). 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 BUR correlations calculated?
- We compute the correlation of daily returns between BUR 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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