Which stocks are most correlated with CDRpC?

Based on one year of daily returns, the stocks most correlated with Cedar Realty Trust, Inc. 6.50% Series C Cumulative Redeemable Preferred Stock (CDRpC) are CDRpB (0.34), BCHT (0.26) and TCX (0.25). 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 CDRpC?

Over the past year, the stocks most inversely correlated with Cedar Realty Trust, Inc. 6.50% Series C Cumulative Redeemable Preferred Stock (CDRpC) are MBINM (-0.24), CPHI (-0.23) and UWMC (-0.21). A negative correlation means the two stocks have tended to move in opposite directions.

Cedar Realty Trust, Inc. 6.50% Series C Cumulative Redeemable Preferred Stock (CDRpC) — Stock Correlations & Overview

Over the past year, CDRpC has moved most closely with CDRpB, BCHT, TCX. Explore the stocks most correlated and inversely correlated with CDRpC below, along with its price, financials, and company profile.

Stocks correlated with CDRpC

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

Most correlated with CDRpC

Symbol	Company	Correlation
CDRpB	CEDAR REALTY TRUST, INC. 7.25% Series B Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS	0.34
BCHT	Birchtech Corp.MEASURING & CONTROLLING DEVICES, NEC	0.26
TCX	Tucows, IncSERVICES-COMPUTER PROCESSING & DATA PREPARATION	0.25
CLBK	Columbia Financial, Inc. Common StockSAVINGS INSTITUTION, FEDERALLY CHARTERED	0.24
GEVO	Gevo, Inc.INDUSTRIAL ORGANIC CHEMICALS	0.20

Most inversely correlated with CDRpC

Symbol	Company	Correlation
MBINM	Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred StockSTATE COMMERCIAL BANKS	-0.24
CPHI	China Pharma Holdings, Inc.PHARMACEUTICAL PREPARATIONS	-0.23
UWMC	UWM Holdings CorporationMORTGAGE BANKERS & LOAN CORRESPONDENTS	-0.21
YXT	YXT.COM GROUP HOLDING LIMITED American Depository Shares	-0.21
HURC	Hurco Cos IncINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL	-0.20

Frequently asked questions about CDRpC correlations

Which stocks are most correlated with CDRpC?: Based on one year of daily returns, the stocks most correlated with Cedar Realty Trust, Inc. 6.50% Series C Cumulative Redeemable Preferred Stock (CDRpC) are CDRpB (0.34), BCHT (0.26) and TCX (0.25). 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 CDRpC?: Over the past year, the stocks most inversely correlated with Cedar Realty Trust, Inc. 6.50% Series C Cumulative Redeemable Preferred Stock (CDRpC) are MBINM (-0.24), CPHI (-0.23) and UWMC (-0.21). 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 CDRpC correlations calculated?: We compute the correlation of daily returns between CDRpC 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.