Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) — Stock Correlations & Overview
Over the past year, LANDP has moved most closely with LANDO, URI, UZF. Explore the stocks most correlated and inversely correlated with LANDP below, along with its price, financials, and company profile.
Stocks correlated with LANDP
Correlation of daily returns. Higher positive values move with LANDP; negative values move opposite it. Informational only, not investment advice.
Most correlated with LANDP
| Symbol | Company | Correlation |
|---|---|---|
| LANDO | Gladstone Land Corporation 6.00% Series B Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.49 |
| URI | United Rentals, Inc.SERVICES-EQUIPMENT RENTAL & LEASING, NEC | 0.26 |
| UZF | Array Digital Infrastructure, Inc. 5.500% Senior Notes due 2070RADIOTELEPHONE COMMUNICATIONS | 0.26 |
| TXN | Texas Instruments IncorporatedSEMICONDUCTORS & RELATED DEVICES | 0.24 |
| LYTS | LSI Industries IncELECTRIC LIGHTING & WIRING EQUIPMENT | 0.24 |
Most inversely correlated with LANDP
| Symbol | Company | Correlation |
|---|---|---|
| GRCE | Grace Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.29 |
| MEDP | Medpace Holdings, Inc. Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH | -0.25 |
| SHRT | Gotham Short Strategies ETF | -0.21 |
| CAR | Avis Budget Group, Inc.SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) | -0.21 |
| NMAX | Newsmax, Inc.TELEVISION BROADCASTING STATIONS | -0.20 |
Frequently asked questions about LANDP correlations
- Which stocks are most correlated with LANDP?
- Based on one year of daily returns, the stocks most correlated with Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) are LANDO (0.49), URI (0.26) and UZF (0.26). 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 LANDP?
- Over the past year, the stocks most inversely correlated with Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) are GRCE (-0.29), MEDP (-0.25) and SHRT (-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 LANDP correlations calculated?
- We compute the correlation of daily returns between LANDP 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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