Manhattan Bridge Capital, Inc (LOAN) — Stock Correlations & Overview
Over the past year, LOAN has moved most closely with SAR, FMAO, CFG. Explore the stocks most correlated and inversely correlated with LOAN below, along with its price, financials, and company profile.
Stocks correlated with LOAN
Correlation of daily returns. Higher positive values move with LOAN; negative values move opposite it. Informational only, not investment advice.
Most correlated with LOAN
| Symbol | Company | Correlation |
|---|---|---|
| SAR | SARATOGA INVESTMENT CORP. NEW | 0.31 |
| FMAO | Farmers & Merchants Bancorp, Inc.SAVINGS INSTITUTION, FEDERALLY CHARTERED | 0.29 |
| CFG | Citizens Financial Group, Inc.STATE COMMERCIAL BANKS | 0.29 |
| OMAH | VistaShares Target 15 Berkshire Select Income ETF | 0.28 |
| CIVB | Civista Bancshares, Inc.STATE COMMERCIAL BANKS | 0.27 |
Frequently asked questions about LOAN correlations
- Which stocks are most correlated with LOAN?
- Based on one year of daily returns, the stocks most correlated with Manhattan Bridge Capital, Inc (LOAN) are SAR (0.31), FMAO (0.29) and CFG (0.29). 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 LOAN?
- Over the past year, the stocks most inversely correlated with Manhattan Bridge Capital, Inc (LOAN) are ENLV (-0.24), SKRE (-0.24) and SEF (-0.20). 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 LOAN correlations calculated?
- We compute the correlation of daily returns between LOAN 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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