Which stocks are most correlated with EMP?

Based on one year of daily returns, the stocks most correlated with Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) are ALLpH (0.71), EAI (0.70) and USBpR (0.70). 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 EMP?

Over the past year, the stocks most inversely correlated with Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) are CARD (-0.41), SDD (-0.37) and SBB (-0.36). A negative correlation means the two stocks have tended to move in opposite directions.

Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) — Stock Correlations & Overview

Over the past year, EMP has moved most closely with ALLpH, EAI, USBpR. Explore the stocks most correlated and inversely correlated with EMP below, along with its price, financials, and company profile.

Stocks correlated with EMP

Correlation of daily returns. Higher positive values move with EMP; negative values move opposite it. Informational only, not investment advice.

Most correlated with EMP

Symbol	Company	Correlation
ALLpH	The Allstate CorporationFIRE, MARINE & CASUALTY INSURANCE	0.71
EAI	Entergy Arkansas, LLC First Mortgage Bonds, 4.875% Series due September 1, 2066ELECTRIC SERVICES	0.70
USBpR	U.S. Bancorp Depositary Shares, Each Representing a 1/1, 000th Interest in a Share of Series M Non- Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS	0.70
DTB	DTE Energy Company 2020 Series G 4.375% Junior Subordinated Debentures due 2080ELECTRIC SERVICES	0.69
USBpS	U.S. Bancorp Depositary Shares, each representing a 1/1, 000th interest in a share of Series O Non- Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS	0.67

Most inversely correlated with EMP

Symbol	Company	Correlation
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.41
SDD	ProShares UltraShort SmallCap600	-0.37
SBB	ProShares Short SmallCap600	-0.36
RWM	ProShares Short Russell2000	-0.36
SRTY	ProShares UltraPro Short Russell2000	-0.36

Frequently asked questions about EMP correlations

Which stocks are most correlated with EMP?: Based on one year of daily returns, the stocks most correlated with Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) are ALLpH (0.71), EAI (0.70) and USBpR (0.70). 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 EMP?: Over the past year, the stocks most inversely correlated with Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series due October 1, 2066 (EMP) are CARD (-0.41), SDD (-0.37) and SBB (-0.36). 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 EMP correlations calculated?: We compute the correlation of daily returns between EMP 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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