Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred Stock (GOODN) — Stock Correlations & Overview
Over the past year, GOODN has moved most closely with GOODO, IPM, VNOpL. Explore the stocks most correlated and inversely correlated with GOODN below, along with its price, financials, and company profile.
Stocks correlated with GOODN
Correlation of daily returns. Higher positive values move with GOODN; negative values move opposite it. Informational only, not investment advice.
Most correlated with GOODN
| Symbol | Company | Correlation |
|---|---|---|
| GOODO | Gladstone Commercial Corporation 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per shareLESSORS OF REAL PROPERTY, NEC | 0.32 |
| IPM | Intelligent Protection Management Corp. Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.21 |
| VNOpL | VORNADO REALTY TRUST 5.40% Series L Cumulative Redeemable Preferred Shares of Beneficial Interest, liquidation preference $25.00 per shareREAL ESTATE INVESTMENT TRUSTS | 0.21 |
| BMLpJ | Bank of America Depositary Shares(Each representing 1/1200th interest in a share of Bank of America Corporation Floating Rate Non-Cumulative Preferred Stock, Series4)NATIONAL COMMERCIAL BANKS | 0.21 |
| CHSCM | CHS Inc Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3 | 0.20 |
Most inversely correlated with GOODN
| Symbol | Company | Correlation |
|---|---|---|
| CSIQ | Canadian Solar Inc. Common Shares (ON) | -0.20 |
| NSPR | InspireMD, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.20 |
| CPNQ | Calamos Nasdaq-100 Structured Alt Protection ETF - December | -0.20 |
| ETpI | Energy Transfer LP Series I Fixed Rate Perpetual Preferred UnitsNATURAL GAS TRANSMISSION | -0.19 |
| CIA | Citizens, Inc.LIFE INSURANCE | -0.19 |
Frequently asked questions about GOODN correlations
- Which stocks are most correlated with GOODN?
- Based on one year of daily returns, the stocks most correlated with Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred Stock (GOODN) are GOODO (0.32), IPM (0.21) and VNOpL (0.21). 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 GOODN?
- Over the past year, the stocks most inversely correlated with Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred Stock (GOODN) are CSIQ (-0.20), NSPR (-0.20) and CPNQ (-0.20). 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 GOODN correlations calculated?
- We compute the correlation of daily returns between GOODN 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.