Chimera Investment Corporation 9.000% Senior Notes due 2029 (CIMN) — Stock Correlations & Overview
Over the past year, CIMN has moved most closely with MFAO, MITP, MFAN. Explore the stocks most correlated and inversely correlated with CIMN below, along with its price, financials, and company profile.
Stocks correlated with CIMN
Correlation of daily returns. Higher positive values move with CIMN; negative values move opposite it. Informational only, not investment advice.
Most correlated with CIMN
| Symbol | Company | Correlation |
|---|---|---|
| MFAO | MFA Financial, Inc. 9.000% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS | 0.62 |
| MITP | TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS | 0.60 |
| MFAN | MFA Financial IncREAL ESTATE INVESTMENT TRUSTS | 0.56 |
| PMTV | PennyMac Mortgage Investment Trust 9.00% Senior Notes due 2030REAL ESTATE INVESTMENT TRUSTS | 0.56 |
| CIMO | Chimera Investment Corporation 9.250% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS | 0.54 |
Most inversely correlated with CIMN
| Symbol | Company | Correlation |
|---|---|---|
| CVX | Chevron CorporationPETROLEUM REFINING | -0.31 |
| EPV | ProShares UltraShort FTSE Europe | -0.28 |
| KGEI | Kolibri Global Energy Inc. Common Stock | -0.28 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.27 |
| VZ | Verizon CommunicationsTELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | -0.25 |
Frequently asked questions about CIMN correlations
- Which stocks are most correlated with CIMN?
- Based on one year of daily returns, the stocks most correlated with Chimera Investment Corporation 9.000% Senior Notes due 2029 (CIMN) are MFAO (0.62), MITP (0.60) and MFAN (0.56). 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 CIMN?
- Over the past year, the stocks most inversely correlated with Chimera Investment Corporation 9.000% Senior Notes due 2029 (CIMN) are CVX (-0.31), EPV (-0.28) and KGEI (-0.28). 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 CIMN correlations calculated?
- We compute the correlation of daily returns between CIMN 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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