Which stocks are most correlated with MSpE?

Based on one year of daily returns, the stocks most correlated with MORGAN STANLEY DEP SHARES EACH REPRESENTING 1/1,000TH OF SHARE OF FIXED TO FLOATING RATE SER E (MSpE) are MSpF (0.85), APRH (0.72) and APRJ (0.72). 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 MSpE?

Over the past year, the stocks most inversely correlated with MORGAN STANLEY DEP SHARES EACH REPRESENTING 1/1,000TH OF SHARE OF FIXED TO FLOATING RATE SER E (MSpE) are AXSM (-0.28), TBN (-0.28) and INBS (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

MORGAN STANLEY DEP SHARES EACH REPRESENTING 1/1,000TH OF SHARE OF FIXED TO FLOATING RATE SER E (MSpE) — Stock Correlations & Overview

Over the past year, MSpE has moved most closely with MSpF, APRH, APRJ. Explore the stocks most correlated and inversely correlated with MSpE below, along with its price, financials, and company profile.

Stocks correlated with MSpE

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

Most correlated with MSpE

Symbol	Company	Correlation
MSpF	MORGAN STANLEY SERIES FSECURITY BROKERS, DEALERS & FLOTATION COMPANIES	0.85
APRH	Innovator Premium Income 20 Barrier ETF - April	0.72
APRJ	Innovator Premium Income 30 Barrier ETF - April	0.72
JULJ	Innovator Premium Income 30 Barrier ETF - July	0.71
JULH	Innovator Premium Income 20 Barrier ETF - July	0.67

Most inversely correlated with MSpE

Symbol	Company	Correlation
AXSM	Axsome Therapeutics, IncPHARMACEUTICAL PREPARATIONS	-0.28
TBN	Tamboran Resources CorporationCRUDE PETROLEUM & NATURAL GAS	-0.28
INBS	Intelligent Bio Solutions Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS	-0.28
BENF	Beneficient Class A Common StockFINANCE SERVICES	-0.27
EFR	Eaton Vance Senior Floating-Rate Fund	-0.26

Frequently asked questions about MSpE correlations

Which stocks are most correlated with MSpE?: Based on one year of daily returns, the stocks most correlated with MORGAN STANLEY DEP SHARES EACH REPRESENTING 1/1,000TH OF SHARE OF FIXED TO FLOATING RATE SER E (MSpE) are MSpF (0.85), APRH (0.72) and APRJ (0.72). 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 MSpE?: Over the past year, the stocks most inversely correlated with MORGAN STANLEY DEP SHARES EACH REPRESENTING 1/1,000TH OF SHARE OF FIXED TO FLOATING RATE SER E (MSpE) are AXSM (-0.28), TBN (-0.28) and INBS (-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 MSpE correlations calculated?: We compute the correlation of daily returns between MSpE 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.