Ford Motor Company 6.500% Notes due August 15, 2062 (FpD) — Stock Correlations & Overview
Over the past year, FpD has moved most closely with FpC, FpB, USBpS. Explore the stocks most correlated and inversely correlated with FpD below, along with its price, financials, and company profile.
Stocks correlated with FpD
Correlation of daily returns. Higher positive values move with FpD; negative values move opposite it. Informational only, not investment advice.
Most correlated with FpD
| Symbol | Company | Correlation |
|---|---|---|
| FpC | Ford Motor Company 6.000% Notes due December 1, 2059MOTOR VEHICLES & PASSENGER CAR BODIES | 0.69 |
| FpB | Ford Motor Company 6.20% Notes due June 1, 2059MOTOR VEHICLES & PASSENGER CAR BODIES | 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 | 0.59 |
| BACpS | Bank of America Corporation Depositary shares, each representing 1/1,000th interest in a share of 4.750% Non-Cumulative Preferred Stock, Series SSNATIONAL COMMERCIAL BANKS | 0.57 |
| PGF | Invesco Financial Preferred ETF | 0.56 |
Most inversely correlated with FpD
| Symbol | Company | Correlation |
|---|---|---|
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.36 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.35 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.35 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.34 |
| PFIX | Simplify Interest Rate Hedge ETF | -0.34 |
Frequently asked questions about FpD correlations
- Which stocks are most correlated with FpD?
- Based on one year of daily returns, the stocks most correlated with Ford Motor Company 6.500% Notes due August 15, 2062 (FpD) are FpC (0.69), FpB (0.69) and USBpS (0.59). 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 FpD?
- Over the past year, the stocks most inversely correlated with Ford Motor Company 6.500% Notes due August 15, 2062 (FpD) are TBT (-0.36), TMV (-0.35) and TTT (-0.35). 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 FpD correlations calculated?
- We compute the correlation of daily returns between FpD 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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