Gladstone Commercial Corporation 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per share (GOODO) — Stock Correlations & Overview
Over the past year, GOODO has moved most closely with USBpS, ATHpD, USBpR. Explore the stocks most correlated and inversely correlated with GOODO below, along with its price, financials, and company profile.
Stocks correlated with GOODO
Correlation of daily returns. Higher positive values move with GOODO; negative values move opposite it. Informational only, not investment advice.
Most correlated with GOODO
| Symbol | Company | Correlation |
|---|---|---|
| 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 | 0.37 |
| ATHpD | Athene Holding Ltd. Depositary Shares, Each Representing a 1/1,000th Interest in a 4.875% Fixed-Rate Perpetual Non-Cumulative Preference Share, Series DLIFE INSURANCE | 0.34 |
| USBpR | U.S. Bancorp Depositary Shares, Each Representing a 1/1, 000th Interest in a Share of Series M Non- Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.33 |
| ALLpH | The Allstate CorporationFIRE, MARINE & CASUALTY INSURANCE | 0.33 |
| GOODN | Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred StockLESSORS OF REAL PROPERTY, NEC | 0.32 |
Most inversely correlated with GOODO
| Symbol | Company | Correlation |
|---|---|---|
| RFAIR | RF Acquisition Corp II RightBLANK CHECKS | -0.19 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.18 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.18 |
| RLMD | Relmada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.18 |
| NAT | Nordic American Tanker | -0.18 |
Frequently asked questions about GOODO correlations
- Which stocks are most correlated with GOODO?
- Based on one year of daily returns, the stocks most correlated with Gladstone Commercial Corporation 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per share (GOODO) are USBpS (0.37), ATHpD (0.34) and USBpR (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 GOODO?
- Over the past year, the stocks most inversely correlated with Gladstone Commercial Corporation 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per share (GOODO) are RFAIR (-0.19), CARD (-0.18) and SCC (-0.18). 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 GOODO correlations calculated?
- We compute the correlation of daily returns between GOODO 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.