Which stocks are most correlated with RC?

Based on one year of daily returns, the stocks most correlated with Ready Capital Corporation (RC) are DVDN (0.48), ABR (0.44) and HYIN (0.44). 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 RC?

Over the past year, the stocks most inversely correlated with Ready Capital Corporation (RC) are HDGE (-0.34), SBB (-0.32) and SCC (-0.32). A negative correlation means the two stocks have tended to move in opposite directions.

Ready Capital Corporation (RC) — Stock Correlations & Overview

Over the past year, RC has moved most closely with DVDN, ABR, HYIN. Explore the stocks most correlated and inversely correlated with RC below, along with its price, financials, and company profile.

Stocks correlated with RC

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

Most correlated with RC

Symbol	Company	Correlation
DVDN	Kingsbarn Dividend Opportunity ETF	0.48
ABR	Arbor Realty Trust, Inc.REAL ESTATE INVESTMENT TRUSTS	0.44
HYIN	WisdomTree Private Credit and Alternative Income Fund	0.44
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ETFINVESTMENT ADVICE	0.43
RIET	Hoya Capital High Dividend Yield ETF	0.43

Most inversely correlated with RC

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.34
SBB	ProShares Short SmallCap600	-0.32
SCC	ProShares UltraShort Consumer Discretionary	-0.32
SDD	ProShares UltraShort SmallCap600	-0.32
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.31

Frequently asked questions about RC correlations

Which stocks are most correlated with RC?: Based on one year of daily returns, the stocks most correlated with Ready Capital Corporation (RC) are DVDN (0.48), ABR (0.44) and HYIN (0.44). 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 RC?: Over the past year, the stocks most inversely correlated with Ready Capital Corporation (RC) are HDGE (-0.34), SBB (-0.32) and SCC (-0.32). 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 RC correlations calculated?: We compute the correlation of daily returns between RC 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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