Annaly Capital Management, Inc. 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NLYpF) — Stock Correlations & Overview
Over the past year, NLYpF has moved most closely with NLYpI, NLYpG, NLYpJ. Explore the stocks most correlated and inversely correlated with NLYpF below, along with its price, financials, and company profile.
Stocks correlated with NLYpF
Correlation of daily returns. Higher positive values move with NLYpF; negative values move opposite it. Informational only, not investment advice.
Most correlated with NLYpF
| Symbol | Company | Correlation |
|---|---|---|
| NLYpI | Annaly Capital Management, Inc. 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.70 |
| NLYpG | Annaly Capital Management, Inc. 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.60 |
| NLYpJ | Annaly Capital Management, Inc. 8.875% Series J Fixed-Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.59 |
| RFpE | Regions Financial Corporation Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.45% Non-Cumulative Perpetual Preferred Stock, Series ENATIONAL COMMERCIAL BANKS | 0.52 |
| MTBpJ | M&T Bank Corporation Depositary Shares each representing a 1/400th ownership interest in a share of Perpetual 7.500% Non-Cumulative Preferred Stock, Series JSTATE COMMERCIAL BANKS | 0.52 |
Most inversely correlated with NLYpF
| Symbol | Company | Correlation |
|---|---|---|
| EPV | ProShares UltraShort FTSE Europe | -0.31 |
| TPET | Trio Petroleum Corp.CRUDE PETROLEUM & NATURAL GAS | -0.29 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.28 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.28 |
| SDOW | ProShares UltraPro Short Dow 30 | -0.28 |
Frequently asked questions about NLYpF correlations
- Which stocks are most correlated with NLYpF?
- Based on one year of daily returns, the stocks most correlated with Annaly Capital Management, Inc. 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NLYpF) are NLYpI (0.70), NLYpG (0.60) and NLYpJ (0.59). 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 NLYpF?
- Over the past year, the stocks most inversely correlated with Annaly Capital Management, Inc. 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NLYpF) are EPV (-0.31), TPET (-0.29) and TYO (-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 NLYpF correlations calculated?
- We compute the correlation of daily returns between NLYpF 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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