Medallion Bank Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, par value $1.00 per share (MBNKO) — Stock Correlations & Overview
Over the past year, MBNKO has moved most closely with ATYR, OXLCG, AQNB. Explore the stocks most correlated and inversely correlated with MBNKO below, along with its price, financials, and company profile.
Stocks correlated with MBNKO
Correlation of daily returns. Higher positive values move with MBNKO; negative values move opposite it. Informational only, not investment advice.
Most correlated with MBNKO
| Symbol | Company | Correlation |
|---|---|---|
| ATYR | aTyr Pharma, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.47 |
| OXLCG | Oxford Lane Capital Corp. 7.95% Notes due 2032 | 0.34 |
| AQNB | Algonquin Power & Utilities Corp. 6.20% Fixed-to-Floating Subordinated Notes Series 2019-A due July 1, 2079 | 0.34 |
| OCSL | Oaktree Specialty Lending Corporation | 0.34 |
| ADAMH | Adamas Trust, Inc. 9.875% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS | 0.33 |
Most inversely correlated with MBNKO
| Symbol | Company | Correlation |
|---|---|---|
| IHT | InnSuites Hospitality TrustREAL ESTATE INVESTMENT TRUSTS | -0.33 |
| ATCH | AtlasClear Holdings, Inc.FINANCE SERVICES | -0.26 |
| CSBR | Champions Oncology, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.24 |
| HSDT | Solana Company Class A Common Stock (DE)FINANCE SERVICES | -0.23 |
| CCCC | C4 Therapeutics, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.20 |
Frequently asked questions about MBNKO correlations
- Which stocks are most correlated with MBNKO?
- Based on one year of daily returns, the stocks most correlated with Medallion Bank Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, par value $1.00 per share (MBNKO) are ATYR (0.47), OXLCG (0.34) and AQNB (0.34). 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 MBNKO?
- Over the past year, the stocks most inversely correlated with Medallion Bank Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, par value $1.00 per share (MBNKO) are IHT (-0.33), ATCH (-0.26) and CSBR (-0.24). 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 MBNKO correlations calculated?
- We compute the correlation of daily returns between MBNKO 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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