JPMorgan Chase & Co. Depositary Shares, each representing a 1/400th interest in a share of 4.55% Non-Cumulative Preferred Stock, Series JJ (JPMpK) — Stock Correlations & Overview
Over the past year, JPMpK has moved most closely with JPMpL, JPMpJ, JPMpM. Explore the stocks most correlated and inversely correlated with JPMpK below, along with its price, financials, and company profile.
Stocks correlated with JPMpK
Correlation of daily returns. Higher positive values move with JPMpK; negative values move opposite it. Informational only, not investment advice.
Most correlated with JPMpK
| Symbol | Company | Correlation |
|---|---|---|
| JPMpL | JPMorgan Chase & Co. Depositary Shares, each representing a 1/400th interest in a share of 4.625% Non-Cumulative Preferred Stock, Series LLNATIONAL COMMERCIAL BANKS | 0.89 |
| JPMpJ | JPMorgan Chase & Co. Depositary Shares, each representing a 1/400th interest in a share of JPMorgan Chase & Co. 4.75% Non-Cumulative Preferred Stock, Series GGNATIONAL COMMERCIAL BANKS | 0.88 |
| JPMpM | JPMorgan Chase & Co. Depositary Shares, each representing a 1/400th interest in a share of 4.20% Non-Cumulative Preferred Stock, Series MMNATIONAL COMMERCIAL BANKS | 0.86 |
| BACpN | Bank of America Corporation Depositary shares, each representing 1/1,000th interest in a share of 5.000% Non-Cumulative Preferred Stock, Series LLNATIONAL COMMERCIAL BANKS | 0.73 |
| MSpO | Morgan Stanley Depositary Shares, each representing 1/1,000th of a share of 4.250% Non-Cumulative Preferred Stock, Series OSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.73 |
Frequently asked questions about JPMpK correlations
- Which stocks are most correlated with JPMpK?
- Based on one year of daily returns, the stocks most correlated with JPMorgan Chase & Co. Depositary Shares, each representing a 1/400th interest in a share of 4.55% Non-Cumulative Preferred Stock, Series JJ (JPMpK) are JPMpL (0.89), JPMpJ (0.88) and JPMpM (0.86). 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 JPMpK?
- Over the past year, the stocks most inversely correlated with JPMorgan Chase & Co. Depositary Shares, each representing a 1/400th interest in a share of 4.55% Non-Cumulative Preferred Stock, Series JJ (JPMpK) are EFZ (-0.47), EPV (-0.47) and EFU (-0.47). 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 JPMpK correlations calculated?
- We compute the correlation of daily returns between JPMpK 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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