Which stocks are most correlated with MITN?

Based on one year of daily returns, the stocks most correlated with TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 (MITN) are MITP (0.64), NMFCZ (0.59) and RITMpB (0.57). 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 MITN?

Over the past year, the stocks most inversely correlated with TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 (MITN) are AMZW (-0.28), HKD (-0.27) and AMZN (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.

TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 (MITN) — Stock Correlations & Overview

Over the past year, MITN has moved most closely with MITP, NMFCZ, RITMpB. Explore the stocks most correlated and inversely correlated with MITN below, along with its price, financials, and company profile.

Stocks correlated with MITN

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

Most correlated with MITN

Symbol	Company	Correlation
MITP	TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS	0.64
NMFCZ	New Mountain Finance Corporation 8.250% Notes due 2028	0.59
RITMpB	Rithm Capital Corp. 7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS	0.57
MFAO	MFA Financial, Inc. 9.000% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS	0.57
CIMO	Chimera Investment Corporation 9.250% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS	0.54

Most inversely correlated with MITN

Symbol	Company	Correlation
AMZW	Roundhill AMZN WeeklyPay ETF	-0.28
HKD	AMTD Digital Inc. American Depositary Shares (every five of which represent two Class A Ordinary Shares)	-0.27
AMZN	Amazon.Com IncRETAIL-CATALOG & MAIL-ORDER HOUSES	-0.26
AMZY	YieldMax AMZN Option Income Strategy ETF	-0.25
AMZZ	GraniteShares 2x Long AMZN Daily ETF	-0.24

Frequently asked questions about MITN correlations

Which stocks are most correlated with MITN?: Based on one year of daily returns, the stocks most correlated with TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 (MITN) are MITP (0.64), NMFCZ (0.59) and RITMpB (0.57). 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 MITN?: Over the past year, the stocks most inversely correlated with TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029 (MITN) are AMZW (-0.28), HKD (-0.27) and AMZN (-0.26). 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 MITN correlations calculated?: We compute the correlation of daily returns between MITN 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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