Barings Participation Investors (MPV) — Stock Correlations & Overview

Over the past year, MPV has moved most closely with MCI, ARP, ROMO. Explore the stocks most correlated and inversely correlated with MPV below, along with its price, financials, and company profile.

Stocks correlated with MPV

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

Most correlated with MPV

SymbolCompanyCorrelation
MCIBarings Corporate Investors0.51
ARPPMV Adaptive Risk Parity ETF0.36
ROMOStrategy Shares Newfound/ReSolve Robust Momentum ETF0.35
MGNMegan Holdings Limited Class A Ordinary Shares0.35
EMBXVanEck Emerging Markets Bond ETF0.34

Most inversely correlated with MPV

SymbolCompanyCorrelation
CARDMAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC-0.29
SIJProShares UltraShort Industrials-0.29
TSMZDirexion Shares ETF Trust Direxion Daily TSM Bear 1X ETF-0.28
EDZDirexion Daily MSCI Emerging Markets Bear 3X ETF-0.27
EUMProShares Trust Short MSCI Emerging Markets-0.27

Frequently asked questions about MPV correlations

Which stocks are most correlated with MPV?
Based on one year of daily returns, the stocks most correlated with Barings Participation Investors (MPV) are MCI (0.51), ARP (0.36) and ROMO (0.35). 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 MPV?
Over the past year, the stocks most inversely correlated with Barings Participation Investors (MPV) are CARD (-0.29), SIJ (-0.29) and TSMZ (-0.28). 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 MPV correlations calculated?
We compute the correlation of daily returns between MPV 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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