Natural Resource Partners L.P. (NRP) — Stock Correlations & Overview
Over the past year, NRP has moved most closely with COAL, SXC, HCC. Explore the stocks most correlated and inversely correlated with NRP below, along with its price, financials, and company profile.
Stocks correlated with NRP
Correlation of daily returns. Higher positive values move with NRP; negative values move opposite it. Informational only, not investment advice.
Most correlated with NRP
| Symbol | Company | Correlation |
|---|---|---|
| COAL | Range Global Coal Index ETF | 0.34 |
| SXC | SUNCOKE ENERGY INCSTEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) | 0.32 |
| HCC | Warrior Met Coal, Inc.BITUMINOUS COAL & LIGNITE MINING | 0.31 |
| BTU | Peabody Energy CorporationBITUMINOUS COAL & LIGNITE SURFACE MINING | 0.29 |
| ARLP | Alliance Resource Partners LPBITUMINOUS COAL & LIGNITE SURFACE MINING | 0.29 |
Most inversely correlated with NRP
| Symbol | Company | Correlation |
|---|---|---|
| RCON | Recon Technology, Ltd. Class A Ordinary SharesOIL & GAS FIELD SERVICES, NEC | -0.31 |
| TBLA | Taboola.com Ltd. Ordinary SharesSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | -0.28 |
| ERNA | Ernexa Therapeutics Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.25 |
| SXTC | China SXT Pharmaceuticals, Inc. Class A Ordinary Shares | -0.23 |
| SPPL | SIMPPLE LTD. Ordinary Shares | -0.22 |
Frequently asked questions about NRP correlations
- Which stocks are most correlated with NRP?
- Based on one year of daily returns, the stocks most correlated with Natural Resource Partners L.P. (NRP) are COAL (0.34), SXC (0.32) and HCC (0.31). 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 NRP?
- Over the past year, the stocks most inversely correlated with Natural Resource Partners L.P. (NRP) are RCON (-0.31), TBLA (-0.28) and ERNA (-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 NRP correlations calculated?
- We compute the correlation of daily returns between NRP 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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