Camden Property Trust (CPT) — Stock Correlations & Overview
Over the past year, CPT has moved most closely with MAA, UDR, HAUS. Explore the stocks most correlated and inversely correlated with CPT below, along with its price, financials, and company profile.
Stocks correlated with CPT
Correlation of daily returns. Higher positive values move with CPT; negative values move opposite it. Informational only, not investment advice.
Most correlated with CPT
| Symbol | Company | Correlation |
|---|---|---|
| MAA | Mid-America Apartment Communities, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.92 |
| UDR | UDR, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.87 |
| HAUS | Residential REIT ETF | 0.82 |
| ESS | Essex Property Trust, IncREAL ESTATE INVESTMENT TRUSTS | 0.82 |
| IRT | Independence Realty Trust Inc.REAL ESTATE INVESTMENT TRUSTS | 0.82 |
Frequently asked questions about CPT correlations
- Which stocks are most correlated with CPT?
- Based on one year of daily returns, the stocks most correlated with Camden Property Trust (CPT) are MAA (0.92), UDR (0.87) and HAUS (0.82). 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 CPT?
- Over the past year, the stocks most inversely correlated with Camden Property Trust (CPT) are SRS (-0.67), DRV (-0.66) and REK (-0.66). 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 CPT correlations calculated?
- We compute the correlation of daily returns between CPT 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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