MFA Financial, Inc (MFA) — Stock Correlations & Overview
Over the past year, MFA has moved most closely with CIM, REM, NLY. Explore the stocks most correlated and inversely correlated with MFA below, along with its price, financials, and company profile.
Stocks correlated with MFA
Correlation of daily returns. Higher positive values move with MFA; negative values move opposite it. Informational only, not investment advice.
Most correlated with MFA
| Symbol | Company | Correlation |
|---|---|---|
| CIM | Chimera Investment Corp.REAL ESTATE INVESTMENT TRUSTS | 0.72 |
| REM | iShares Mortgage Real Estate ETF | 0.72 |
| NLY | Annaly Capital Management. Inc.REAL ESTATE INVESTMENT TRUSTS | 0.70 |
| MORT | VanEck Mortgage REIT Income ETF | 0.69 |
| AGNC | AGNC Investment Corp. Common StockREAL ESTATE INVESTMENT TRUSTS | 0.65 |
Most inversely correlated with MFA
| Symbol | Company | Correlation |
|---|---|---|
| SBB | ProShares Short SmallCap600 | -0.46 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.46 |
| SDD | ProShares UltraShort SmallCap600 | -0.45 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.45 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.45 |
Frequently asked questions about MFA correlations
- Which stocks are most correlated with MFA?
- Based on one year of daily returns, the stocks most correlated with MFA Financial, Inc (MFA) are CIM (0.72), REM (0.72) and NLY (0.70). 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 MFA?
- Over the past year, the stocks most inversely correlated with MFA Financial, Inc (MFA) are SBB (-0.46), FLYD (-0.46) and SDD (-0.45). 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 MFA correlations calculated?
- We compute the correlation of daily returns between MFA 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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