COSTAMARE INC. 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par value (CMREpC) — Stock Correlations & Overview
Over the past year, CMREpC has moved most closely with NEWTH, FMY, DOUG. Explore the stocks most correlated and inversely correlated with CMREpC below, along with its price, financials, and company profile.
Stocks correlated with CMREpC
Correlation of daily returns. Higher positive values move with CMREpC; negative values move opposite it. Informational only, not investment advice.
Most correlated with CMREpC
| Symbol | Company | Correlation |
|---|---|---|
| NEWTH | NewtekOne, Inc. 8.625% Fixed Rate Senior Notes due 2029NATIONAL COMMERCIAL BANKS | 0.34 |
| FMY | FIRST TRUST MORTGAGE INCOME FUND | 0.24 |
| DOUG | Douglas Elliman Inc.REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.22 |
| YFYA | Yields for You Income Strategy A ETF | 0.21 |
| OEC | Orion S.A.MISCELLANEOUS CHEMICAL PRODUCTS | 0.21 |
Most inversely correlated with CMREpC
| Symbol | Company | Correlation |
|---|---|---|
| AGX | Argan, IncCONSTRUCTION - SPECIAL TRADE CONTRACTORS | -0.25 |
| AWX | Avalon Holdings Corp.REFUSE SYSTEMS | -0.25 |
| AKA | a.k.a. Brands Holding Corp.RETAIL-CATALOG & MAIL-ORDER HOUSES | -0.22 |
| GWAV | Greenwave Technology Solutions, Inc. Common StockWHOLESALE-METALS SERVICE CENTERS & OFFICES | -0.22 |
| ROLR | High Roller Technologies, Inc.SERVICES-AMUSEMENT & RECREATION SERVICES | -0.21 |
Frequently asked questions about CMREpC correlations
- Which stocks are most correlated with CMREpC?
- Based on one year of daily returns, the stocks most correlated with COSTAMARE INC. 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par value (CMREpC) are NEWTH (0.34), FMY (0.24) and DOUG (0.22). 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 CMREpC?
- Over the past year, the stocks most inversely correlated with COSTAMARE INC. 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par value (CMREpC) are AGX (-0.25), AWX (-0.25) and AKA (-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 CMREpC correlations calculated?
- We compute the correlation of daily returns between CMREpC 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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