Cherry Hill Mortgage Investment Corporation 8.20% Series A Cumulative Redeemable Preferred Stock (CHMIpA) — Stock Correlations & Overview
Over the past year, CHMIpA has moved most closely with HOUR, INNpF, LIF. Explore the stocks most correlated and inversely correlated with CHMIpA below, along with its price, financials, and company profile.
Stocks correlated with CHMIpA
Correlation of daily returns. Higher positive values move with CHMIpA; negative values move opposite it. Informational only, not investment advice.
Most correlated with CHMIpA
| Symbol | Company | Correlation |
|---|---|---|
| HOUR | Hour Loop, Inc. Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.30 |
| INNpF | Summit Hotel Properties, Inc. 5.875% Series F Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.28 |
| LIF | Life360, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.25 |
| INNpE | Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.25 |
| LITB | LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing twelve ordinary shares | 0.24 |
Most inversely correlated with CHMIpA
| Symbol | Company | Correlation |
|---|---|---|
| HYHG | ProShares High Yield-Interest Rate Hedged ETF | -0.23 |
| CURV | Torrid Holdings Inc.RETAIL-APPAREL & ACCESSORY STORES | -0.22 |
| LFS | LEIFRAS Co., Ltd. American Depositary Shares | -0.22 |
| YAAS | Youxin Technology Ltd Class A Ordinary shares | -0.21 |
| BCLO | iShares BBB-B CLO Active ETF | -0.21 |
Frequently asked questions about CHMIpA correlations
- Which stocks are most correlated with CHMIpA?
- Based on one year of daily returns, the stocks most correlated with Cherry Hill Mortgage Investment Corporation 8.20% Series A Cumulative Redeemable Preferred Stock (CHMIpA) are HOUR (0.30), INNpF (0.28) and LIF (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 CHMIpA?
- Over the past year, the stocks most inversely correlated with Cherry Hill Mortgage Investment Corporation 8.20% Series A Cumulative Redeemable Preferred Stock (CHMIpA) are HYHG (-0.23), CURV (-0.22) and LFS (-0.22). 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 CHMIpA correlations calculated?
- We compute the correlation of daily returns between CHMIpA 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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