KKR Real Estate Finance Trust Inc. 6.50% Series A Cumulative Redeemable Preferred Stock (KREFpA) — Stock Correlations & Overview
Over the past year, KREFpA has moved most closely with NEEpU, BIPpB, SOJC. Explore the stocks most correlated and inversely correlated with KREFpA below, along with its price, financials, and company profile.
Stocks correlated with KREFpA
Correlation of daily returns. Higher positive values move with KREFpA; negative values move opposite it. Informational only, not investment advice.
Most correlated with KREFpA
| Symbol | Company | Correlation |
|---|---|---|
| NEEpU | NextEra Energy Capital Holdings, Inc. Series U Junior Subordinated Debentures due June 1, 2085ELECTRIC SERVICES | 0.38 |
| BIPpB | Brookfield Infrastructure Partners L.P. 5.000% Class A Preferred Limited Partnership Units, Series 14 | 0.35 |
| SOJC | The Southern Company Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077ELECTRIC SERVICES | 0.35 |
| CRI | Carter's Inc.APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL | 0.34 |
| NEEpN | NextEra Energy Capital Holdings, Inc. Series N Junior Subordinated Debentures due March 1, 2079ELECTRIC SERVICES | 0.33 |
Most inversely correlated with KREFpA
| Symbol | Company | Correlation |
|---|---|---|
| CASY | Casey's General Stores IncRETAIL-AUTO DEALERS & GASOLINE STATIONS | -0.23 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.20 |
| SVRA | Savara Inc.PHARMACEUTICAL PREPARATIONS | -0.19 |
| ONMD | OneMedNet Corp Class A Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH | -0.19 |
| QCMD | Direxion Daily QCOM Bear 1X ETF | -0.18 |
Frequently asked questions about KREFpA correlations
- Which stocks are most correlated with KREFpA?
- Based on one year of daily returns, the stocks most correlated with KKR Real Estate Finance Trust Inc. 6.50% Series A Cumulative Redeemable Preferred Stock (KREFpA) are NEEpU (0.38), BIPpB (0.35) and SOJC (0.35). 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 KREFpA?
- Over the past year, the stocks most inversely correlated with KKR Real Estate Finance Trust Inc. 6.50% Series A Cumulative Redeemable Preferred Stock (KREFpA) are CASY (-0.23), HDGE (-0.20) and SVRA (-0.19). 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 KREFpA correlations calculated?
- We compute the correlation of daily returns between KREFpA 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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