DigitalBridge Group, Inc. 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (DBRGpI) — Stock Correlations & Overview
Over the past year, DBRGpI has moved most closely with DBRGpJ, DBRGpH, EFCpB. Explore the stocks most correlated and inversely correlated with DBRGpI below, along with its price, financials, and company profile.
Stocks correlated with DBRGpI
Correlation of daily returns. Higher positive values move with DBRGpI; negative values move opposite it. Informational only, not investment advice.
Most correlated with DBRGpI
| Symbol | Company | Correlation |
|---|---|---|
| DBRGpJ | DigitalBridge Group, Inc. 7.125% Series J Cumulative Redeemable Perpetual Preferred StockINVESTMENT ADVICE | 0.82 |
| DBRGpH | DigitalBridge Group, Inc. 7.125% Series H Cumulative Redeemable Perpetual Preferred StockINVESTMENT ADVICE | 0.80 |
| EFCpB | Ellington Financial Inc. 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred StockREAL ESTATE | 0.33 |
| WAFDP | WaFd, Inc. Depositary SharesNATIONAL COMMERCIAL BANKS | 0.32 |
| MSpL | Morgan Stanley Depositary Shares, each representing 1/1,000th of a share of 4.875% Non-Cumulative Preferred Stock, Series LSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.31 |
Most inversely correlated with DBRGpI
| Symbol | Company | Correlation |
|---|---|---|
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | -0.24 |
| TMDE | TMD Energy Limited | -0.23 |
| AMST | Amesite Inc.SERVICES-PREPACKAGED SOFTWARE | -0.21 |
| REED | Reed's, Inc.BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS | -0.20 |
| VRME | VerifyMe, Inc. Common StockFINANCE SERVICES | -0.20 |
Frequently asked questions about DBRGpI correlations
- Which stocks are most correlated with DBRGpI?
- Based on one year of daily returns, the stocks most correlated with DigitalBridge Group, Inc. 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (DBRGpI) are DBRGpJ (0.82), DBRGpH (0.80) and EFCpB (0.33). 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 DBRGpI?
- Over the past year, the stocks most inversely correlated with DigitalBridge Group, Inc. 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (DBRGpI) are RISR (-0.24), TMDE (-0.23) and AMST (-0.21). 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 DBRGpI correlations calculated?
- We compute the correlation of daily returns between DBRGpI 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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