Which stocks are most correlated with RCD?

Based on one year of daily returns, the stocks most correlated with Ready Capital Corporation 9.00% Senior Notes due 2029 (RCD) are PMTW (0.51), MFApC (0.41) and CIMpB (0.40). 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 RCD?

Over the past year, the stocks most inversely correlated with Ready Capital Corporation 9.00% Senior Notes due 2029 (RCD) are FIAT (-0.24), XOM (-0.23) and XOMX (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

Ready Capital Corporation 9.00% Senior Notes due 2029 (RCD) — Stock Correlations & Overview

Over the past year, RCD has moved most closely with PMTW, MFApC, CIMpB. Explore the stocks most correlated and inversely correlated with RCD below, along with its price, financials, and company profile.

Stocks correlated with RCD

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

Most correlated with RCD

Symbol	Company	Correlation
PMTW	PennyMac Mortgage Investment Trust 9.00% Senior Notes due 2030REAL ESTATE INVESTMENT TRUSTS	0.51
MFApC	MFA Financial, Inc. 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS	0.41
CIMpB	Chimera Investment Corporation 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS	0.40
PMTpC	PennyMac Mortgage Investment Trust 6.75% Series C Cumulative Redeemable Preferred Shares of Beneficial InterestREAL ESTATE INVESTMENT TRUSTS	0.40
APOS	Apollo Global Management, Inc. 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053INVESTMENT ADVICE	0.40

Most inversely correlated with RCD

Symbol	Company	Correlation
FIAT	YieldMax Short COIN Option Income Strategy ETF	-0.24
XOM	ExxonMobil Holdings CorporationPETROLEUM REFINING	-0.23
XOMX	Direxion Shares ETF Trust Direxion Daily XOM Bull 2X ETF	-0.23
CONI	GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF	-0.22
XOMO	YieldMax XOM Option Income Strategy ETF	-0.21

Frequently asked questions about RCD correlations

Which stocks are most correlated with RCD?: Based on one year of daily returns, the stocks most correlated with Ready Capital Corporation 9.00% Senior Notes due 2029 (RCD) are PMTW (0.51), MFApC (0.41) and CIMpB (0.40). 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 RCD?: Over the past year, the stocks most inversely correlated with Ready Capital Corporation 9.00% Senior Notes due 2029 (RCD) are FIAT (-0.24), XOM (-0.23) and XOMX (-0.23). 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 RCD correlations calculated?: We compute the correlation of daily returns between RCD 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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