Which stocks are most correlated with MGRE?

Based on one year of daily returns, the stocks most correlated with Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064 (MGRE) are MGR (0.65), MGRD (0.65) and MGRB (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 MGRE?

Over the past year, the stocks most inversely correlated with Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064 (MGRE) are SH (-0.37), SDS (-0.37) and SDD (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064 (MGRE) — Stock Correlations & Overview

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

Stocks correlated with MGRE

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

Most correlated with MGRE

Symbol	Company	Correlation
MGR	Affiliated Managers Group, Inc. 5.875% Junior Subordinated Notes due 2059INVESTMENT ADVICE	0.65
MGRD	Affiliated Managers Group, Inc. 4.200% Junior Subordinated Notes due 2061INVESTMENT ADVICE	0.65
MGRB	Affiliated Managers Group, Inc. 4.750% Junior Subordinated Notes due 2060INVESTMENT ADVICE	0.64
FPFD	Fidelity Preferred Securities & Income ETF	0.55
FpC	Ford Motor Company 6.000% Notes due December 1, 2059MOTOR VEHICLES & PASSENGER CAR BODIES	0.53

Most inversely correlated with MGRE

Symbol	Company	Correlation
SH	ProShares Short S&P500	-0.37
SDS	ProShares UltraShort S&P500	-0.37
SDD	ProShares UltraShort SmallCap600	-0.37
SPXU	ProShares UltraPro Short S&P 500	-0.37
SCC	ProShares UltraShort Consumer Discretionary	-0.37

Frequently asked questions about MGRE correlations

Which stocks are most correlated with MGRE?: Based on one year of daily returns, the stocks most correlated with Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064 (MGRE) are MGR (0.65), MGRD (0.65) and MGRB (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 MGRE?: Over the past year, the stocks most inversely correlated with Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064 (MGRE) are SH (-0.37), SDS (-0.37) and SDD (-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 MGRE correlations calculated?: We compute the correlation of daily returns between MGRE 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.