Which stocks are most correlated with GABpG?

Based on one year of daily returns, the stocks most correlated with The Gabelli Equity Trust Inc. Series G Cumulative Preferred (GABpG) are GABpK (0.41), ZKH (0.37) and FAF (0.33). 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 GABpG?

Over the past year, the stocks most inversely correlated with The Gabelli Equity Trust Inc. Series G Cumulative Preferred (GABpG) are LNKS (-0.25), NRT (-0.23) and DLTH (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

The Gabelli Equity Trust Inc. Series G Cumulative Preferred (GABpG) — Stock Correlations & Overview

Over the past year, GABpG has moved most closely with GABpK, ZKH, FAF. Explore the stocks most correlated and inversely correlated with GABpG below, along with its price, financials, and company profile.

Stocks correlated with GABpG

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

Most correlated with GABpG

Symbol	Company	Correlation
GABpK	The Gabelli Equity Trust Inc. 5.00% Series K Cumulative Preferred Stock	0.41
ZKH	ZKH Group Limited American Depositary Shares, each representing thirty-five (35) Class A Ordinary Shares	0.37
FAF	First American Financial CorporationTITLE INSURANCE	0.33
GABpH	THE GABELLI EQUITY TRUST INC. 5.00% Series H Cumulative Preferred Stock	0.31
SDHC	Smith Douglas Homes Corp.OPERATIVE BUILDERS	0.31

Most inversely correlated with GABpG

Symbol	Company	Correlation
LNKS	Linkers Industries Limited Class A Ordinary Shares	-0.25
NRT	North European Oil Royalty TrustOIL ROYALTY TRADERS	-0.23
DLTH	Duluth Holdings Inc. Class B Common StockRETAIL-APPAREL & ACCESSORY STORES	-0.23
VET	VERMILION ENERGY INC.	-0.22
LIDR	AEye, Inc. Class A Common StockMOTOR VEHICLE PARTS & ACCESSORIES	-0.21

Frequently asked questions about GABpG correlations

Which stocks are most correlated with GABpG?: Based on one year of daily returns, the stocks most correlated with The Gabelli Equity Trust Inc. Series G Cumulative Preferred (GABpG) are GABpK (0.41), ZKH (0.37) and FAF (0.33). 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 GABpG?: Over the past year, the stocks most inversely correlated with The Gabelli Equity Trust Inc. Series G Cumulative Preferred (GABpG) are LNKS (-0.25), NRT (-0.23) and DLTH (-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 GABpG correlations calculated?: We compute the correlation of daily returns between GABpG 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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