Oxford Square Capital Corp. 7.75% Notes due 2030 (OXSQH) — Stock Correlations & Overview
Over the past year, OXSQH has moved most closely with GAINI, BEPH, ETW. Explore the stocks most correlated and inversely correlated with OXSQH below, along with its price, financials, and company profile.
Stocks correlated with OXSQH
Correlation of daily returns. Higher positive values move with OXSQH; negative values move opposite it. Informational only, not investment advice.
Most correlated with OXSQH
| Symbol | Company | Correlation |
|---|---|---|
| GAINI | Gladstone Investment Corporation 7.875% Notes due 2030 | 0.42 |
| BEPH | Brookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes | 0.29 |
| ETW | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 0.27 |
| METCZ | Ramaco Resources, Inc. 8.375% Senior Notes due 2029BITUMINOUS COAL & LIGNITE MINING | 0.27 |
| METCI | Ramaco Resources, Inc. 8.250% Senior Notes due 2030BITUMINOUS COAL & LIGNITE MINING | 0.26 |
Most inversely correlated with OXSQH
| Symbol | Company | Correlation |
|---|---|---|
| OVV | Ovintiv Inc.CRUDE PETROLEUM & NATURAL GAS | -0.24 |
| OXY | Occidental Petroleum CorporationCRUDE PETROLEUM & NATURAL GAS | -0.21 |
| COP | ConocoPhillipsPETROLEUM REFINING | -0.21 |
| LNGX | Global X U.S. Natural Gas ETF | -0.19 |
| CNX | CNX Resources CorporationCRUDE PETROLEUM & NATURAL GAS | -0.19 |
Frequently asked questions about OXSQH correlations
- Which stocks are most correlated with OXSQH?
- Based on one year of daily returns, the stocks most correlated with Oxford Square Capital Corp. 7.75% Notes due 2030 (OXSQH) are GAINI (0.42), BEPH (0.29) and ETW (0.27). 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 OXSQH?
- Over the past year, the stocks most inversely correlated with Oxford Square Capital Corp. 7.75% Notes due 2030 (OXSQH) are OVV (-0.24), OXY (-0.21) and COP (-0.21). 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 OXSQH correlations calculated?
- We compute the correlation of daily returns between OXSQH 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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