Kimco Realty Corporation Class L Depositary Shares, each of which represents a one-one thousandth fractional interest in a share of 5.125% Class L Cumulative Redeemable Preferred Stock, liquidation preference $25,000.00 per share (KIMpL) — Stock Correlations & Overview
Over the past year, KIMpL has moved most closely with KIMpM, PSK, PFF. Explore the stocks most correlated and inversely correlated with KIMpL below, along with its price, financials, and company profile.
Stocks correlated with KIMpL
Correlation of daily returns. Higher positive values move with KIMpL; negative values move opposite it. Informational only, not investment advice.
Most correlated with KIMpL
| Symbol | Company | Correlation |
|---|---|---|
| KIMpM | Kimco Realty Corporation Class M Depositary Shares, each of which represents a one-one thousandth fractional interest in a share of 5.25% Class M Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.72 |
| PSK | State Street SPDR ICE Preferred Securities ETF | 0.58 |
| PFF | iShares Trust iShares Preferred and Income Securities ETF | 0.57 |
| PFFD | Global X U.S. Preferred ETF | 0.55 |
| PGX | Invesco Preferred ETFINVESTMENT ADVICE | 0.54 |
Most inversely correlated with KIMpL
| Symbol | Company | Correlation |
|---|---|---|
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.48 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.48 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.48 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | -0.46 |
| SPXS | Direxion Daily S&P 500 Bear 3x ETF | -0.46 |
Frequently asked questions about KIMpL correlations
- Which stocks are most correlated with KIMpL?
- Based on one year of daily returns, the stocks most correlated with Kimco Realty Corporation Class L Depositary Shares, each of which represents a one-one thousandth fractional interest in a share of 5.125% Class L Cumulative Redeemable Preferred Stock, liquidation preference $25,000.00 per share (KIMpL) are KIMpM (0.72), PSK (0.58) and PFF (0.57). 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 KIMpL?
- Over the past year, the stocks most inversely correlated with Kimco Realty Corporation Class L Depositary Shares, each of which represents a one-one thousandth fractional interest in a share of 5.125% Class L Cumulative Redeemable Preferred Stock, liquidation preference $25,000.00 per share (KIMpL) are EDZ (-0.48), EUM (-0.48) and EEV (-0.48). 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 KIMpL correlations calculated?
- We compute the correlation of daily returns between KIMpL 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.