Innovative Industrial Properties, Inc.9.00 Percent Series A Cumulative Redeemable Preferred Stock (IIPRpA) — Stock Correlations & Overview
Over the past year, IIPRpA has moved most closely with JULH, JULJ, MSpF. Explore the stocks most correlated and inversely correlated with IIPRpA below, along with its price, financials, and company profile.
Stocks correlated with IIPRpA
Correlation of daily returns. Higher positive values move with IIPRpA; negative values move opposite it. Informational only, not investment advice.
Most correlated with IIPRpA
| Symbol | Company | Correlation |
|---|---|---|
| JULH | Innovator Premium Income 20 Barrier ETF - July | 0.33 |
| JULJ | Innovator Premium Income 30 Barrier ETF - July | 0.33 |
| MSpF | MORGAN STANLEY SERIES FSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.32 |
| JANJ | Innovator Premium Income 30 Barrier ETF - January | 0.32 |
| APRH | Innovator Premium Income 20 Barrier ETF - April | 0.32 |
Most inversely correlated with IIPRpA
| Symbol | Company | Correlation |
|---|---|---|
| INBS | Intelligent Bio Solutions Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.23 |
| EDBL | Edible Garden AG Incorporated Common Stock | -0.19 |
| SOWG | Sow Good Inc. Common StockFOOD AND KINDRED PRODUCTS | -0.18 |
| GIFT | Giftify, Inc. Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | -0.18 |
| PASG | Passage Bio, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.17 |
Frequently asked questions about IIPRpA correlations
- Which stocks are most correlated with IIPRpA?
- Based on one year of daily returns, the stocks most correlated with Innovative Industrial Properties, Inc.9.00 Percent Series A Cumulative Redeemable Preferred Stock (IIPRpA) are JULH (0.33), JULJ (0.33) and MSpF (0.32). 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 IIPRpA?
- Over the past year, the stocks most inversely correlated with Innovative Industrial Properties, Inc.9.00 Percent Series A Cumulative Redeemable Preferred Stock (IIPRpA) are INBS (-0.23), EDBL (-0.19) and SOWG (-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 IIPRpA correlations calculated?
- We compute the correlation of daily returns between IIPRpA 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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