Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (CpN) — Stock Correlations & Overview
Over the past year, CpN has moved most closely with SOJD, MNRO, PSN. Explore the stocks most correlated and inversely correlated with CpN below, along with its price, financials, and company profile.
Stocks correlated with CpN
Correlation of daily returns. Higher positive values move with CpN; negative values move opposite it. Informational only, not investment advice.
Most correlated with CpN
| Symbol | Company | Correlation |
|---|---|---|
| SOJD | The Southern Company Series 2020A 4.95% Junior Subordinated Notes due January 30, 2080ELECTRIC SERVICES | 0.49 |
| MNRO | Monro, Inc. Common StockSERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING | 0.38 |
| PSN | Parsons CorporationSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.38 |
| JHPI | John Hancock Preferred Income ETF | 0.36 |
| EVR | Evercore Inc.INVESTMENT ADVICE | 0.34 |
Most inversely correlated with CpN
| Symbol | Company | Correlation |
|---|---|---|
| UCIB | ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038 | -0.29 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.27 |
| SMST | Tidal Trust II Defiance Daily Target 2x Short MSTR ETF | -0.27 |
| SETH | ProShares Short Ether ETF | -0.27 |
| ETHD | ProShares UltraShort Ether ETF | -0.26 |
Frequently asked questions about CpN correlations
- Which stocks are most correlated with CpN?
- Based on one year of daily returns, the stocks most correlated with Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (CpN) are SOJD (0.49), MNRO (0.38) and PSN (0.38). 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 CpN?
- Over the past year, the stocks most inversely correlated with Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (CpN) are UCIB (-0.29), MSTZ (-0.27) and SMST (-0.27). 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 CpN correlations calculated?
- We compute the correlation of daily returns between CpN 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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