Which stocks are most correlated with FpB?

Based on one year of daily returns, the stocks most correlated with Ford Motor Company 6.20% Notes due June 1, 2059 (FpB) are FpC (0.84), FpD (0.69) and DTG (0.64). 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 FpB?

Over the past year, the stocks most inversely correlated with Ford Motor Company 6.20% Notes due June 1, 2059 (FpB) are SCC (-0.40), CARD (-0.39) and SH (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.

Ford Motor Company 6.20% Notes due June 1, 2059 (FpB) — Stock Correlations & Overview

Over the past year, FpB has moved most closely with FpC, FpD, DTG. Explore the stocks most correlated and inversely correlated with FpB below, along with its price, financials, and company profile.

Stocks correlated with FpB

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

Most correlated with FpB

Symbol	Company	Correlation
FpC	Ford Motor Company 6.000% Notes due December 1, 2059MOTOR VEHICLES & PASSENGER CAR BODIES	0.84
FpD	Ford Motor Company 6.500% Notes due August 15, 2062MOTOR VEHICLES & PASSENGER CAR BODIES	0.69
DTG	DTE Energy Company 2021 Series E 4.375% Junior Subordinated DebenturesELECTRIC SERVICES	0.64
DTW	DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077ELECTRIC SERVICES	0.64
DUKpA	Duke Energy Corporation Depositary Shares, each representing a 1/1,000th interest in a share of 5.75% Series A Cumulative Redeemable Perpetual Preferred StockELECTRIC & OTHER SERVICES COMBINED	0.62

Most inversely correlated with FpB

Symbol	Company	Correlation
SCC	ProShares UltraShort Consumer Discretionary	-0.40
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.39
SH	ProShares Short S&P500	-0.39
SDS	ProShares UltraShort S&P500	-0.39
SPXU	ProShares UltraPro Short S&P 500	-0.39

Frequently asked questions about FpB correlations

Which stocks are most correlated with FpB?: Based on one year of daily returns, the stocks most correlated with Ford Motor Company 6.20% Notes due June 1, 2059 (FpB) are FpC (0.84), FpD (0.69) and DTG (0.64). 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 FpB?: Over the past year, the stocks most inversely correlated with Ford Motor Company 6.20% Notes due June 1, 2059 (FpB) are SCC (-0.40), CARD (-0.39) and SH (-0.39). 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 FpB correlations calculated?: We compute the correlation of daily returns between FpB 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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