CNO Financial Group, Inc. 5.125% Subordinated Debentures due 2060 (CNOpA) — Stock Correlations & Overview
Over the past year, CNOpA has moved most closely with RCpE, USBpS, ALLpH. Explore the stocks most correlated and inversely correlated with CNOpA below, along with its price, financials, and company profile.
Stocks correlated with CNOpA
Correlation of daily returns. Higher positive values move with CNOpA; negative values move opposite it. Informational only, not investment advice.
Most correlated with CNOpA
| Symbol | Company | Correlation |
|---|---|---|
| RCpE | Ready Capital Corporation 6.50% Series E Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.43 |
| USBpS | U.S. Bancorp Depositary Shares, each representing a 1/1, 000th interest in a share of Series O Non- Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.41 |
| ALLpH | The Allstate CorporationFIRE, MARINE & CASUALTY INSURANCE | 0.40 |
| KKRS | KKR Group Finance Co. IX LLC 4.625% Subordinated Notes due 2061INVESTMENT ADVICE | 0.38 |
| AXSpE | AXIS Capital Holdings Limited Depositary Shares, each representing 1/100th interest in a share of the Issuers 5.50% Series E Preferred SharesFIRE, MARINE & CASUALTY INSURANCE | 0.38 |
Most inversely correlated with CNOpA
| Symbol | Company | Correlation |
|---|---|---|
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | -0.27 |
| GDXD | MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.26 |
| BOXX | Alpha Architect 1-3 Month Box ETF | -0.26 |
| DUST | Direxion Daily Gold Miners Index Bear 2X ETF | -0.26 |
| TTXD | Direxion Daily Technology Top 5 Bear 2X ETF | -0.25 |
Frequently asked questions about CNOpA correlations
- Which stocks are most correlated with CNOpA?
- Based on one year of daily returns, the stocks most correlated with CNO Financial Group, Inc. 5.125% Subordinated Debentures due 2060 (CNOpA) are RCpE (0.43), USBpS (0.41) and ALLpH (0.40). 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 CNOpA?
- Over the past year, the stocks most inversely correlated with CNO Financial Group, Inc. 5.125% Subordinated Debentures due 2060 (CNOpA) are JDST (-0.27), GDXD (-0.26) and BOXX (-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 CNOpA correlations calculated?
- We compute the correlation of daily returns between CNOpA 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.