El Paso Energy Capital Trust I (EPpC) — Stock Correlations & Overview
Over the past year, EPpC has moved most closely with EINC, KMI, ENFR. Explore the stocks most correlated and inversely correlated with EPpC below, along with its price, financials, and company profile.
Stocks correlated with EPpC
Correlation of daily returns. Higher positive values move with EPpC; negative values move opposite it. Informational only, not investment advice.
Most correlated with EPpC
| Symbol | Company | Correlation |
|---|---|---|
| EINC | VanEck Energy Income ETF | 0.35 |
| KMI | Kinder Morgan, Inc.NATURAL GAS TRANSMISSION | 0.34 |
| ENFR | Alerian Energy Infrastructure ETF | 0.32 |
| PIPE | Invesco SteelPath MLP & Energy Infrastructure ETF | 0.31 |
| KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | 0.30 |
Most inversely correlated with EPpC
| Symbol | Company | Correlation |
|---|---|---|
| MNDO | Mind CTI Ltd | -0.27 |
| COMP | Compass, Inc.REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | -0.24 |
| MMYT | MakeMyTrip Limited | -0.23 |
| BYSI | BeyondSpring Inc. Ordinary SharesPHARMACEUTICAL PREPARATIONS | -0.23 |
| BKNG | Booking Holdings Inc. Common StockTRANSPORTATION SERVICES | -0.22 |
Frequently asked questions about EPpC correlations
- Which stocks are most correlated with EPpC?
- Based on one year of daily returns, the stocks most correlated with El Paso Energy Capital Trust I (EPpC) are EINC (0.35), KMI (0.34) and ENFR (0.32). 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 EPpC?
- Over the past year, the stocks most inversely correlated with El Paso Energy Capital Trust I (EPpC) are MNDO (-0.27), COMP (-0.24) and MMYT (-0.23). 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 EPpC correlations calculated?
- We compute the correlation of daily returns between EPpC 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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