Summit Hotel Properties, Inc. 5.875% Series F Cumulative Redeemable Preferred Stock (INNpF) — Stock Correlations & Overview
Over the past year, INNpF has moved most closely with INNpE, CMSpC, CMSD. Explore the stocks most correlated and inversely correlated with INNpF below, along with its price, financials, and company profile.
Stocks correlated with INNpF
Correlation of daily returns. Higher positive values move with INNpF; negative values move opposite it. Informational only, not investment advice.
Most correlated with INNpF
| Symbol | Company | Correlation |
|---|---|---|
| INNpE | Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.42 |
| CMSpC | CMS Energy Corporation Depositary Shares, each representing a 1/1, 000th interest in a share of 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series CELECTRIC & OTHER SERVICES COMBINED | 0.37 |
| CMSD | CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079ELECTRIC & OTHER SERVICES COMBINED | 0.33 |
| USBpP | U.S. Bancorp Depositary Shares each representing a 1/1,000th interest in a share of Series K Non-Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.32 |
| TRTNpE | Triton International Limited 5.75% Series E Cumulative Redeemable Perpetual Preference SharesSERVICES-EQUIPMENT RENTAL & LEASING, NEC | 0.32 |
Most inversely correlated with INNpF
| Symbol | Company | Correlation |
|---|---|---|
| SCC | ProShares UltraShort Consumer Discretionary | -0.27 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | -0.21 |
| EHLD | Euroholdings Ltd. Common Stock | -0.21 |
| TSDD | GraniteShares ETF Trust GraniteShares 2x Short TSLA Daily ETF | -0.21 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.20 |
Frequently asked questions about INNpF correlations
- Which stocks are most correlated with INNpF?
- Based on one year of daily returns, the stocks most correlated with Summit Hotel Properties, Inc. 5.875% Series F Cumulative Redeemable Preferred Stock (INNpF) are INNpE (0.42), CMSpC (0.37) and CMSD (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 INNpF?
- Over the past year, the stocks most inversely correlated with Summit Hotel Properties, Inc. 5.875% Series F Cumulative Redeemable Preferred Stock (INNpF) are SCC (-0.27), QQQD (-0.21) and EHLD (-0.21). 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 INNpF correlations calculated?
- We compute the correlation of daily returns between INNpF 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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