CBL & Associates Properties, Inc. (CBL) — Stock Correlations & Overview
Over the past year, CBL has moved most closely with MAC, SKT, SPG. Explore the stocks most correlated and inversely correlated with CBL below, along with its price, financials, and company profile.
Stocks correlated with CBL
Correlation of daily returns. Higher positive values move with CBL; negative values move opposite it. Informational only, not investment advice.
Most correlated with CBL
| Symbol | Company | Correlation |
|---|---|---|
| MAC | The Macerich CompanyREAL ESTATE INVESTMENT TRUSTS | 0.48 |
| SKT | Tanger Inc.REAL ESTATE INVESTMENT TRUSTS | 0.48 |
| SPG | Simon Property Group, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.47 |
| XSLV | Invesco S&P SmallCap Low Volatility ETF | 0.47 |
| PSCF | Invesco S&P SmallCap Financials ETFINVESTMENT ADVICE | 0.45 |
Frequently asked questions about CBL correlations
- Which stocks are most correlated with CBL?
- Based on one year of daily returns, the stocks most correlated with CBL & Associates Properties, Inc. (CBL) are MAC (0.48), SKT (0.48) and SPG (0.47). 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 CBL?
- Over the past year, the stocks most inversely correlated with CBL & Associates Properties, Inc. (CBL) are SKRE (-0.41), REK (-0.37) and DRV (-0.36). 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 CBL correlations calculated?
- We compute the correlation of daily returns between CBL 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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