Which stocks are most correlated with MGRB?

Based on one year of daily returns, the stocks most correlated with Affiliated Managers Group, Inc. 4.750% Junior Subordinated Notes due 2060 (MGRB) are MGRD (0.73), MGR (0.69) and MGRE (0.64). 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 MGRB?

Over the past year, the stocks most inversely correlated with Affiliated Managers Group, Inc. 4.750% Junior Subordinated Notes due 2060 (MGRB) are SDD (-0.37), MZZ (-0.37) and SBB (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Affiliated Managers Group, Inc. 4.750% Junior Subordinated Notes due 2060 (MGRB) — Stock Correlations & Overview

Over the past year, MGRB has moved most closely with MGRD, MGR, MGRE. Explore the stocks most correlated and inversely correlated with MGRB below, along with its price, financials, and company profile.

Stocks correlated with MGRB

Correlation of daily returns. Higher positive values move with MGRB; negative values move opposite it. Informational only, not investment advice.

Most correlated with MGRB

Symbol	Company	Correlation
MGRD	Affiliated Managers Group, Inc. 4.200% Junior Subordinated Notes due 2061INVESTMENT ADVICE	0.73
MGR	Affiliated Managers Group, Inc. 5.875% Junior Subordinated Notes due 2059INVESTMENT ADVICE	0.69
MGRE	Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064INVESTMENT ADVICE	0.64
COFpN	Capital One Financial Corporation Depositary Shares, Each Representing a 1/40th Ownership Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series NNATIONAL COMMERCIAL BANKS	0.56
FPFD	Fidelity Preferred Securities & Income ETF	0.56

Most inversely correlated with MGRB

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.37
MZZ	ProShares UltraShort MidCap400	-0.37
SBB	ProShares Short SmallCap600	-0.37
MYY	ProShares Short MidCap400	-0.37
SMDD	ProShares UltraPro Short MidCap400	-0.37

Frequently asked questions about MGRB correlations

Which stocks are most correlated with MGRB?: Based on one year of daily returns, the stocks most correlated with Affiliated Managers Group, Inc. 4.750% Junior Subordinated Notes due 2060 (MGRB) are MGRD (0.73), MGR (0.69) and MGRE (0.64). 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 MGRB?: Over the past year, the stocks most inversely correlated with Affiliated Managers Group, Inc. 4.750% Junior Subordinated Notes due 2060 (MGRB) are SDD (-0.37), MZZ (-0.37) and SBB (-0.37). 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 MGRB correlations calculated?: We compute the correlation of daily returns between MGRB 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.