Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) — Stock Correlations & Overview
Over the past year, METCI has moved most closely with METCZ, GAINI, ATLCL. Explore the stocks most correlated and inversely correlated with METCI below, along with its price, financials, and company profile.
Stocks correlated with METCI
Correlation of daily returns. Higher positive values move with METCI; negative values move opposite it. Informational only, not investment advice.
Most correlated with METCI
| Symbol | Company | Correlation |
|---|---|---|
| METCZ | Ramaco Resources, Inc. 8.375% Senior Notes due 2029BITUMINOUS COAL & LIGNITE MINING | 0.46 |
| GAINI | Gladstone Investment Corporation 7.875% Notes due 2030 | 0.41 |
| ATLCL | Atlanticus Holdings Corporation 6.125% Senior Notes due 2026PERSONAL CREDIT INSTITUTIONS | 0.38 |
| GAINZ | Gladstone Investment Corporation 4.875% Notes due 2028 | 0.26 |
| OXSQH | Oxford Square Capital Corp. 7.75% Notes due 2030 | 0.26 |
Most inversely correlated with METCI
| Symbol | Company | Correlation |
|---|---|---|
| SPHL | Springview Holdings Ltd Class A Ordinary Shares | -0.25 |
| UWMC | UWM Holdings CorporationMORTGAGE BANKERS & LOAN CORRESPONDENTS | -0.24 |
| CHMIpB | Cherry Hill Mortgage Investment Corporation 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.23 |
| BIRD | Smartbird, Inc. Class A Common StockAPPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL | -0.23 |
| ANGO | AngioDynamics, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.21 |
Frequently asked questions about METCI correlations
- Which stocks are most correlated with METCI?
- Based on one year of daily returns, the stocks most correlated with Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) are METCZ (0.46), GAINI (0.41) and ATLCL (0.38). 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 METCI?
- Over the past year, the stocks most inversely correlated with Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) are SPHL (-0.25), UWMC (-0.24) and CHMIpB (-0.23). 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 METCI correlations calculated?
- We compute the correlation of daily returns between METCI 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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