Calamos Russell 2000 Structured Alt Protection ETF - April (CPRA) — Stock Correlations & Overview
Over the past year, CPRA has moved most closely with KAPR, KMAR, SFEB. Explore the stocks most correlated and inversely correlated with CPRA below, along with its price, financials, and company profile.
Stocks correlated with CPRA
Correlation of daily returns. Higher positive values move with CPRA; negative values move opposite it. Informational only, not investment advice.
Frequently asked questions about CPRA correlations
- Which stocks are most correlated with CPRA?
- Based on one year of daily returns, the stocks most correlated with Calamos Russell 2000 Structured Alt Protection ETF - April (CPRA) are KAPR (0.91), KMAR (0.87) and SFEB (0.85). 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 CPRA?
- Over the past year, the stocks most inversely correlated with Calamos Russell 2000 Structured Alt Protection ETF - April (CPRA) are SRTY (-0.84), TZA (-0.84) and TWM (-0.84). 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 CPRA correlations calculated?
- We compute the correlation of daily returns between CPRA 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.