Dynagas LNG Partners LP 9.00% Series A Cumulative Redeemable Preferred Units, liquidation preference $25.00 per Unit (DLNGpA) — Stock Correlations & Overview
Over the past year, DLNGpA has moved most closely with BRBR, RAL, SBR. Explore the stocks most correlated and inversely correlated with DLNGpA below, along with its price, financials, and company profile.
Stocks correlated with DLNGpA
Correlation of daily returns. Higher positive values move with DLNGpA; negative values move opposite it. Informational only, not investment advice.
Most correlated with DLNGpA
| Symbol | Company | Correlation |
|---|---|---|
| BRBR | BellRing Brands, Inc.FOOD AND KINDRED PRODUCTS | 0.23 |
| RAL | Ralliant CorporationINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.22 |
| SBR | Sabine Royalty TrustOIL ROYALTY TRADERS | 0.21 |
| MEGL | Magic Empire Global Limited Class A Ordinary Shares | 0.20 |
| ZURA | Zura Bio Limited Class A Ordinary SharesBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.20 |
Most inversely correlated with DLNGpA
| Symbol | Company | Correlation |
|---|---|---|
| STBF | Performance Trust Short Term Bond ETF | -0.22 |
| DLXY | Delixy Holdings Limited Class A Ordinary Shares | -0.21 |
| TRON | Tron Inc. Common StockFINANCE SERVICES | -0.20 |
| NLY | Annaly Capital Management. Inc.REAL ESTATE INVESTMENT TRUSTS | -0.20 |
| JL | J-Long Group Limited Class A Ordinary Shares | -0.20 |
Frequently asked questions about DLNGpA correlations
- Which stocks are most correlated with DLNGpA?
- Based on one year of daily returns, the stocks most correlated with Dynagas LNG Partners LP 9.00% Series A Cumulative Redeemable Preferred Units, liquidation preference $25.00 per Unit (DLNGpA) are BRBR (0.23), RAL (0.22) and SBR (0.21). 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 DLNGpA?
- Over the past year, the stocks most inversely correlated with Dynagas LNG Partners LP 9.00% Series A Cumulative Redeemable Preferred Units, liquidation preference $25.00 per Unit (DLNGpA) are STBF (-0.22), DLXY (-0.21) and TRON (-0.20). 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 DLNGpA correlations calculated?
- We compute the correlation of daily returns between DLNGpA 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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