Which stocks are most correlated with PRS?

Based on one year of daily returns, the stocks most correlated with Prudential Financial, Inc. 5.625% Junior Subordinated Notes due 2058 (PRS) are DTW (0.64), PSK (0.64) and PRH (0.63). 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 PRS?

Over the past year, the stocks most inversely correlated with Prudential Financial, Inc. 5.625% Junior Subordinated Notes due 2058 (PRS) are CARD (-0.42), RWM (-0.41) and EFZ (-0.41). A negative correlation means the two stocks have tended to move in opposite directions.

Prudential Financial, Inc. 5.625% Junior Subordinated Notes due 2058 (PRS) — Stock Correlations & Overview

Over the past year, PRS has moved most closely with DTW, PSK, PRH. Explore the stocks most correlated and inversely correlated with PRS below, along with its price, financials, and company profile.

Stocks correlated with PRS

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

Most correlated with PRS

Symbol	Company	Correlation
DTW	DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077ELECTRIC SERVICES	0.64
PSK	State Street SPDR ICE Preferred Securities ETF	0.64
PRH	Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062LIFE INSURANCE	0.63
TFCpR	Truist Financial Corporation Depositary Shares, each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS	0.63
BACpS	Bank of America Corporation Depositary shares, each representing 1/1,000th interest in a share of 4.750% Non-Cumulative Preferred Stock, Series SSNATIONAL COMMERCIAL BANKS	0.62

Most inversely correlated with PRS

Symbol	Company	Correlation
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.42
RWM	ProShares Short Russell2000	-0.41
EFZ	ProShares Trust Short MSCI EAFE	-0.41
EPV	ProShares UltraShort FTSE Europe	-0.40
SH	ProShares Short S&P500	-0.40

Frequently asked questions about PRS correlations

Which stocks are most correlated with PRS?: Based on one year of daily returns, the stocks most correlated with Prudential Financial, Inc. 5.625% Junior Subordinated Notes due 2058 (PRS) are DTW (0.64), PSK (0.64) and PRH (0.63). 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 PRS?: Over the past year, the stocks most inversely correlated with Prudential Financial, Inc. 5.625% Junior Subordinated Notes due 2058 (PRS) are CARD (-0.42), RWM (-0.41) and EFZ (-0.41). 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 PRS correlations calculated?: We compute the correlation of daily returns between PRS 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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