Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) — Stock Correlations & Overview
Over the past year, METCZ has moved most closely with ATLCL, GAINI, VLYPP. Explore the stocks most correlated and inversely correlated with METCZ below, along with its price, financials, and company profile.
Stocks correlated with METCZ
Correlation of daily returns. Higher positive values move with METCZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with METCZ
| Symbol | Company | Correlation |
|---|---|---|
| ATLCL | Atlanticus Holdings Corporation 6.125% Senior Notes due 2026PERSONAL CREDIT INSTITUTIONS | 0.40 |
| GAINI | Gladstone Investment Corporation 7.875% Notes due 2030 | 0.37 |
| VLYPP | Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series ANATIONAL COMMERCIAL BANKS | 0.26 |
| AOMN | Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029REAL ESTATE | 0.26 |
| NTHI | NeOnc Technologies Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.25 |
Most inversely correlated with METCZ
| Symbol | Company | Correlation |
|---|---|---|
| MTEX | Mannatech Inc.MEDICINAL CHEMICALS & BOTANICAL PRODUCTS | -0.25 |
| ECCC | Eagle Point Credit Company 6.50% Series C Term Preferred Shares due 2031 | -0.22 |
| DZZ | DB Gold Double Short ETN due February 15, 2038 | -0.21 |
| CHWY | Chewy, Inc.RETAIL-CATALOG & MAIL-ORDER HOUSES | -0.20 |
| BIRD | Smartbird, Inc. Class A Common StockAPPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL | -0.20 |
Frequently asked questions about METCZ correlations
- Which stocks are most correlated with METCZ?
- Based on one year of daily returns, the stocks most correlated with Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) are ATLCL (0.40), GAINI (0.37) and VLYPP (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 METCZ?
- Over the past year, the stocks most inversely correlated with Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) are MTEX (-0.25), ECCC (-0.22) and DZZ (-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 METCZ correlations calculated?
- We compute the correlation of daily returns between METCZ 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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