Mediaco Holding Inc. Class A Common Stock (MDIA) — Stock Correlations & Overview
Over the past year, MDIA has moved most closely with USIO, UZE, MFAO. Explore the stocks most correlated and inversely correlated with MDIA below, along with its price, financials, and company profile.
Stocks correlated with MDIA
Correlation of daily returns. Higher positive values move with MDIA; negative values move opposite it. Informational only, not investment advice.
Most correlated with MDIA
| Symbol | Company | Correlation |
|---|---|---|
| USIO | Usio, Inc. Common StockFUNCTIONS RELATED TO DEPOSITORY BANKING, NEC | 0.27 |
| UZE | Array Digital Infrastructure, Inc. 5.500% Senior Notes due 2070RADIOTELEPHONE COMMUNICATIONS | 0.25 |
| MFAO | MFA Financial, Inc. 9.000% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS | 0.25 |
| JAPN | Horizon Kinetics Japan Owner Operator ETF | 0.23 |
| SMXT | Solarmax Technology Inc. Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS | 0.22 |
Most inversely correlated with MDIA
| Symbol | Company | Correlation |
|---|---|---|
| CMREpD | Costamare Inc. 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par | -0.22 |
| TC | Token Cat Limited American Depositary Shares | -0.21 |
| LHAI | Linkhome Holdings Inc. Common stockREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | -0.20 |
| AGMpH | Federal Agricultural Mortgage Corporation 6.500% Non-Cumulative Preferred Stock, Series HFEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES | -0.20 |
| KD | Kyndryl Holdings, Inc.SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | -0.20 |
Frequently asked questions about MDIA correlations
- Which stocks are most correlated with MDIA?
- Based on one year of daily returns, the stocks most correlated with Mediaco Holding Inc. Class A Common Stock (MDIA) are USIO (0.27), UZE (0.25) and MFAO (0.25). 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 MDIA?
- Over the past year, the stocks most inversely correlated with Mediaco Holding Inc. Class A Common Stock (MDIA) are CMREpD (-0.22), TC (-0.21) and LHAI (-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 MDIA correlations calculated?
- We compute the correlation of daily returns between MDIA 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.