Net Lease Office Properties (NLOP) — Stock Correlations & Overview
Over the past year, NLOP has moved most closely with SMWB, ITIC, NAK. Explore the stocks most correlated and inversely correlated with NLOP below, along with its price, financials, and company profile.
Stocks correlated with NLOP
Correlation of daily returns. Higher positive values move with NLOP; negative values move opposite it. Informational only, not investment advice.
Most correlated with NLOP
| Symbol | Company | Correlation |
|---|---|---|
| SMWB | Similarweb Ltd. | 0.47 |
| ITIC | Investors Title CoTITLE INSURANCE | 0.36 |
| NAK | Northern Dynasty Minerals, Ltd. | 0.35 |
| MCY | Mercury General Corp.FIRE, MARINE & CASUALTY INSURANCE | 0.33 |
| GTY | Getty Realty Corp.REAL ESTATE | 0.32 |
Most inversely correlated with NLOP
| Symbol | Company | Correlation |
|---|---|---|
| RXT | Rackspace Technology, Inc. Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | -0.39 |
| MSGS | Madison Square Garden Sports Corp.SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION | -0.33 |
| PLRZ | Polyrizon Ltd. Ordinary Shares | -0.25 |
| BFRG | Bullfrog AI Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.25 |
| CDIO | Cardio Diagnostics Holdings Inc. Common stockIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | -0.24 |
Frequently asked questions about NLOP correlations
- Which stocks are most correlated with NLOP?
- Based on one year of daily returns, the stocks most correlated with Net Lease Office Properties (NLOP) are SMWB (0.47), ITIC (0.36) and NAK (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 NLOP?
- Over the past year, the stocks most inversely correlated with Net Lease Office Properties (NLOP) are RXT (-0.39), MSGS (-0.33) and PLRZ (-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 NLOP correlations calculated?
- We compute the correlation of daily returns between NLOP 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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