CHS Inc Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3 (CHSCM) — Stock Correlations & Overview
Over the past year, CHSCM has moved most closely with CHSCN, CHSCL, SJCP. Explore the stocks most correlated and inversely correlated with CHSCM below, along with its price, financials, and company profile.
Stocks correlated with CHSCM
Correlation of daily returns. Higher positive values move with CHSCM; negative values move opposite it. Informational only, not investment advice.
Most correlated with CHSCM
| Symbol | Company | Correlation |
|---|---|---|
| CHSCN | CHS Inc Preferred Class B Series 2 Reset Rate | 0.57 |
| CHSCL | CHS Inc Class B Cumulative Redeemable Preferred Stock, Series 4 | 0.50 |
| SJCP | SanJac Alpha Core Plus Bond ETF | 0.38 |
| DUKpA | Duke Energy Corporation Depositary Shares, each representing a 1/1,000th interest in a share of 5.75% Series A Cumulative Redeemable Perpetual Preferred StockELECTRIC & OTHER SERVICES COMBINED | 0.38 |
| MANI | Man Active Income ETF | 0.38 |
Frequently asked questions about CHSCM correlations
- Which stocks are most correlated with CHSCM?
- Based on one year of daily returns, the stocks most correlated with CHS Inc Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3 (CHSCM) are CHSCN (0.57), CHSCL (0.50) and SJCP (0.38). 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 CHSCM?
- Over the past year, the stocks most inversely correlated with CHS Inc Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3 (CHSCM) are SDOW (-0.27), DXD (-0.26) and VIXM (-0.26). 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 CHSCM correlations calculated?
- We compute the correlation of daily returns between CHSCM 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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