Which stocks are most correlated with OXLCG?

Based on one year of daily returns, the stocks most correlated with Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) are ADAMH (0.44), OXLCI (0.40) and MBNKO (0.34). 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 OXLCG?

Over the past year, the stocks most inversely correlated with Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) are DXD (-0.23), SDOW (-0.23) and DOG (-0.22). A negative correlation means the two stocks have tended to move in opposite directions.

Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) — Stock Correlations & Overview

Over the past year, OXLCG has moved most closely with ADAMH, OXLCI, MBNKO. Explore the stocks most correlated and inversely correlated with OXLCG below, along with its price, financials, and company profile.

Stocks correlated with OXLCG

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

Most correlated with OXLCG

Symbol	Company	Correlation
ADAMH	Adamas Trust, Inc. 9.875% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS	0.44
OXLCI	Oxford Lane Capital Corp. 8.75% Notes due 2030	0.40
MBNKO	Medallion Bank Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, par value $1.00 per share	0.34
ADAMG	Adamas Trust, Inc. 9.125% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS	0.33
NREF	NexPoint Real Estate Finance, Inc.REAL ESTATE INVESTMENT TRUSTS	0.33

Most inversely correlated with OXLCG

Symbol	Company	Correlation
DXD	ProShares UltraShort Dow 30	-0.23
SDOW	ProShares UltraPro Short Dow 30	-0.23
DOG	ProShares Short Dow30	-0.22
BNKD	MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC	-0.22
CUPR	Cuprina Holdings (Cayman) Limited Class A Ordinary Shares	-0.22

Frequently asked questions about OXLCG correlations

Which stocks are most correlated with OXLCG?: Based on one year of daily returns, the stocks most correlated with Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) are ADAMH (0.44), OXLCI (0.40) and MBNKO (0.34). 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 OXLCG?: Over the past year, the stocks most inversely correlated with Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) are DXD (-0.23), SDOW (-0.23) and DOG (-0.22). 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 OXLCG correlations calculated?: We compute the correlation of daily returns between OXLCG 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.