CION Investment Corporation 7.50% Notes due 2029 (CICB) — Stock Correlations & Overview
Over the past year, CICB has moved most closely with OXLCI, ATHpE, AQNB. Explore the stocks most correlated and inversely correlated with CICB below, along with its price, financials, and company profile.
Stocks correlated with CICB
Correlation of daily returns. Higher positive values move with CICB; negative values move opposite it. Informational only, not investment advice.
Most correlated with CICB
| Symbol | Company | Correlation |
|---|---|---|
| OXLCI | Oxford Lane Capital Corp. 8.75% Notes due 2030 | 0.34 |
| ATHpE | Athene Holding Ltd. Depositary Shares, Each Representing a 1/1,000th Interest in a 7.750% Fixed-Rate Reset Perpetual Non-Cumulative Preference Share, Series ELIFE INSURANCE | 0.30 |
| AQNB | Algonquin Power & Utilities Corp. 6.20% Fixed-to-Floating Subordinated Notes Series 2019-A due July 1, 2079 | 0.27 |
| ADAMH | Adamas Trust, Inc. 9.875% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS | 0.27 |
| NTRSO | Northern Trust Corporation Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series E Non-Cumulative Perpetual Preferred StockSTATE COMMERCIAL BANKS | 0.26 |
Most inversely correlated with CICB
| Symbol | Company | Correlation |
|---|---|---|
| SVCO | Silvaco Group, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | -0.23 |
| YDKG | Yueda Digital Holding Class A Ordinary Share | -0.23 |
| LOCO | El Pollo Loco Holdings, Inc.RETAIL-EATING PLACES | -0.22 |
| NSRX | Nasus Pharma Ltd. | -0.19 |
| UEIC | Universal Electronics IncHOUSEHOLD AUDIO & VIDEO EQUIPMENT | -0.19 |
Frequently asked questions about CICB correlations
- Which stocks are most correlated with CICB?
- Based on one year of daily returns, the stocks most correlated with CION Investment Corporation 7.50% Notes due 2029 (CICB) are OXLCI (0.34), ATHpE (0.30) and AQNB (0.27). 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 CICB?
- Over the past year, the stocks most inversely correlated with CION Investment Corporation 7.50% Notes due 2029 (CICB) are SVCO (-0.23), YDKG (-0.23) and LOCO (-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 CICB correlations calculated?
- We compute the correlation of daily returns between CICB 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.