Which stocks are most correlated with KKRpD?

Based on one year of daily returns, the stocks most correlated with KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock (KKRpD) are KKR (0.95), GPZ (0.86) and LBO (0.84). 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 KKRpD?

Over the past year, the stocks most inversely correlated with KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock (KKRpD) are FAZ (-0.60), SKF (-0.59) and SEF (-0.58). A negative correlation means the two stocks have tended to move in opposite directions.

KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock (KKRpD) — Stock Correlations & Overview

Over the past year, KKRpD has moved most closely with KKR, GPZ, LBO. Explore the stocks most correlated and inversely correlated with KKRpD below, along with its price, financials, and company profile.

Stocks correlated with KKRpD

Correlation of daily returns. Higher positive values move with KKRpD; negative values move opposite it. Informational only, not investment advice.

Most correlated with KKRpD

Symbol	Company	Correlation
KKR	KKR & Co. Inc.INVESTMENT ADVICE	0.95
GPZ	VanEck Alternative Asset Manager ETF	0.86
LBO	WHITEWOLF Publicly Listed Private Equity ETF	0.84
ARES	Ares Management Corporation Class A Common StockINVESTMENT ADVICE	0.81
ARESpB	Ares Management Corporation 6.75% Series B Mandatory Convertible Preferred StockINVESTMENT ADVICE	0.80

Most inversely correlated with KKRpD

Symbol	Company	Correlation
FAZ	Direxion Daily Financial Bear 3x ETF	-0.60
SKF	ProShares UltraShort Financials	-0.59
SEF	ProShares Short Financials	-0.58
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.56
SDOW	ProShares UltraPro Short Dow 30	-0.55

Frequently asked questions about KKRpD correlations

Which stocks are most correlated with KKRpD?: Based on one year of daily returns, the stocks most correlated with KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock (KKRpD) are KKR (0.95), GPZ (0.86) and LBO (0.84). 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 KKRpD?: Over the past year, the stocks most inversely correlated with KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock (KKRpD) are FAZ (-0.60), SKF (-0.59) and SEF (-0.58). 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 KKRpD correlations calculated?: We compute the correlation of daily returns between KKRpD 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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