Maiden Holdings, Ltd. (MHLA) — Stock Correlations & Overview
Over the past year, MHLA has moved most closely with MITTpC, MSA, MHNC. Explore the stocks most correlated and inversely correlated with MHLA below, along with its price, financials, and company profile.
Stocks correlated with MHLA
Correlation of daily returns. Higher positive values move with MHLA; negative values move opposite it. Informational only, not investment advice.
Most correlated with MHLA
| Symbol | Company | Correlation |
|---|---|---|
| MITTpC | TPG Mortgage Investment Trust, Inc. 8.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, $0.01 par value per shareREAL ESTATE INVESTMENT TRUSTS | 0.48 |
| MSA | Mine Safety IncorporatedORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | 0.34 |
| MHNC | MAIDEN HOLDINGS NORTH AMERICA, LTDFIRE, MARINE & CASUALTY INSURANCE | 0.34 |
| SOJC | The Southern Company Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077ELECTRIC SERVICES | 0.33 |
| AMBA | Ambarella, Inc. Ordinary SharesSEMICONDUCTORS & RELATED DEVICES | 0.32 |
Most inversely correlated with MHLA
| Symbol | Company | Correlation |
|---|---|---|
| STG | Sunlands Technology Group, American Depositary Shares, American Depositary Shares, every two (2) ADSs representing one (1) Class A Ordinary Share | -0.33 |
| MYND | Mynd.ai, Inc. American Depositary Shares, each representing ten (10) Class A Ordinary Shares | -0.33 |
| BOLD | Boundless Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.25 |
| KPTI | Karyopharm Therapeutics Inc.PHARMACEUTICAL PREPARATIONS | -0.24 |
| GGLS | Direxion Shares ETF Trust Direxion Daily GOOGL Bear 1X ETF | -0.24 |
Frequently asked questions about MHLA correlations
- Which stocks are most correlated with MHLA?
- Based on one year of daily returns, the stocks most correlated with Maiden Holdings, Ltd. (MHLA) are MITTpC (0.48), MSA (0.34) and MHNC (0.34). 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 MHLA?
- Over the past year, the stocks most inversely correlated with Maiden Holdings, Ltd. (MHLA) are STG (-0.33), MYND (-0.33) and BOLD (-0.25). 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 MHLA correlations calculated?
- We compute the correlation of daily returns between MHLA 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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