FTAI Aviation Ltd. 9.500% Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (FTAIM) — Stock Correlations & Overview
Over the past year, FTAIM has moved most closely with FGN, PMTW, FPF. Explore the stocks most correlated and inversely correlated with FTAIM below, along with its price, financials, and company profile.
Stocks correlated with FTAIM
Correlation of daily returns. Higher positive values move with FTAIM; negative values move opposite it. Informational only, not investment advice.
Most correlated with FTAIM
| Symbol | Company | Correlation |
|---|---|---|
| FGN | F&G Annuities & Life, Inc. 7.950% Senior Notes due 2053LIFE INSURANCE | 0.33 |
| PMTW | PennyMac Mortgage Investment Trust 9.00% Senior Notes due 2030REAL ESTATE INVESTMENT TRUSTS | 0.31 |
| FPF | FIRST TRUST INTERMEDIATE DURATION PREFERRED & INCOME FUND | 0.26 |
| ERH | Allspring Utilities and High Income Fund | 0.26 |
| JHX | James Hardie Industries plcCONCRETE PRODUCTS, EXCEPT BLOCK & BRICK | 0.25 |
Most inversely correlated with FTAIM
| Symbol | Company | Correlation |
|---|---|---|
| VTS | Vitesse Energy, Inc..CRUDE PETROLEUM & NATURAL GAS | -0.30 |
| SD | SandRidge Energy, Inc.CRUDE PETROLEUM & NATURAL GAS | -0.28 |
| REPX | Riley Exploration Permian, Inc.CRUDE PETROLEUM & NATURAL GAS | -0.27 |
| APA | APA Corporation Common StockCRUDE PETROLEUM & NATURAL GAS | -0.26 |
| OILT | Texas Capital Texas Oil Index ETF | -0.26 |
Frequently asked questions about FTAIM correlations
- Which stocks are most correlated with FTAIM?
- Based on one year of daily returns, the stocks most correlated with FTAI Aviation Ltd. 9.500% Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (FTAIM) are FGN (0.33), PMTW (0.31) and FPF (0.26). 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 FTAIM?
- Over the past year, the stocks most inversely correlated with FTAI Aviation Ltd. 9.500% Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (FTAIM) are VTS (-0.30), SD (-0.28) and REPX (-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 FTAIM correlations calculated?
- We compute the correlation of daily returns between FTAIM 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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