Which stocks are most correlated with OXLCO?

Based on one year of daily returns, the stocks most correlated with Oxford Lane Capital Corp. Preferred Stock Shares, 6.00% Series 2029 (OXLCO) are BZH (0.37), BIRK (0.32) and AAMI (0.30). 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 OXLCO?

Over the past year, the stocks most inversely correlated with Oxford Lane Capital Corp. Preferred Stock Shares, 6.00% Series 2029 (OXLCO) are HAO (-0.42), LFS (-0.26) and QCMD (-0.24). A negative correlation means the two stocks have tended to move in opposite directions.

Oxford Lane Capital Corp. Preferred Stock Shares, 6.00% Series 2029 (OXLCO) — Stock Correlations & Overview

Over the past year, OXLCO has moved most closely with BZH, BIRK, AAMI. Explore the stocks most correlated and inversely correlated with OXLCO below, along with its price, financials, and company profile.

Stocks correlated with OXLCO

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

Most correlated with OXLCO

Symbol	Company	Correlation
BZH	Beazer Homes USA, Inc. NewOPERATIVE BUILDERS	0.37
BIRK	Birkenstock Holding plc	0.32
AAMI	Acadian Asset Management Inc.INVESTMENT ADVICE	0.30
XGN	Exagen Inc. Common StockSERVICES-MEDICAL LABORATORIES	0.28
IX	ORIX Corporation American Depositary Shares (each representing One (1) Share of Common Stock)	0.26

Most inversely correlated with OXLCO

Symbol	Company	Correlation
HAO	Haoxi Health Technology Limited Class A Ordinary Shares	-0.42
LFS	LEIFRAS Co., Ltd. American Depositary Shares	-0.26
QCMD	Direxion Daily QCOM Bear 1X ETF	-0.24
USAC	USA COMPRESSION PARTNERS LPNATURAL GAS TRANSMISSION	-0.23
BH	Biglari Holdings Inc. Class B Common StockRETAIL-EATING PLACES	-0.23

Frequently asked questions about OXLCO correlations

Which stocks are most correlated with OXLCO?: Based on one year of daily returns, the stocks most correlated with Oxford Lane Capital Corp. Preferred Stock Shares, 6.00% Series 2029 (OXLCO) are BZH (0.37), BIRK (0.32) and AAMI (0.30). 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 OXLCO?: Over the past year, the stocks most inversely correlated with Oxford Lane Capital Corp. Preferred Stock Shares, 6.00% Series 2029 (OXLCO) are HAO (-0.42), LFS (-0.26) and QCMD (-0.24). 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 OXLCO correlations calculated?: We compute the correlation of daily returns between OXLCO 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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