Which stocks are most correlated with RCpE?

Based on one year of daily returns, the stocks most correlated with Ready Capital Corporation 6.50% Series E Cumulative Redeemable Preferred Stock (RCpE) are CNOpA (0.43), APRH (0.41) and ALLpH (0.41). 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 RCpE?

Over the past year, the stocks most inversely correlated with Ready Capital Corporation 6.50% Series E Cumulative Redeemable Preferred Stock (RCpE) are JFR (-0.26), LPCN (-0.23) and XIMR (-0.21). A negative correlation means the two stocks have tended to move in opposite directions.

Ready Capital Corporation 6.50% Series E Cumulative Redeemable Preferred Stock (RCpE) — Stock Correlations & Overview

Over the past year, RCpE has moved most closely with CNOpA, APRH, ALLpH. Explore the stocks most correlated and inversely correlated with RCpE below, along with its price, financials, and company profile.

Stocks correlated with RCpE

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

Most correlated with RCpE

Symbol	Company	Correlation
CNOpA	CNO Financial Group, Inc. 5.125% Subordinated Debentures due 2060ACCIDENT & HEALTH INSURANCE	0.43
APRH	Innovator Premium Income 20 Barrier ETF - April	0.41
ALLpH	The Allstate CorporationFIRE, MARINE & CASUALTY INSURANCE	0.41
CMSC	CMS Energy Corporation 5.875% Junior Subordinated Notes due 2078ELECTRIC & OTHER SERVICES COMBINED	0.41
MSpE	MORGAN STANLEY DEP SHARES EACH REPRESENTING 1/1,000TH OF SHARE OF FIXED TO FLOATING RATE SER ESECURITY BROKERS, DEALERS & FLOTATION COMPANIES	0.41

Most inversely correlated with RCpE

Symbol	Company	Correlation
JFR	Nuveen Floating Rate Income Fund	-0.26
LPCN	Lipocine Inc.PHARMACEUTICAL PREPARATIONS	-0.23
XIMR	FT Vest U.S. Equity Buffer & Premium Income ETF - March	-0.21
FLRN	State Street SPDR Bloomberg Investment Grade Floating Rate ETF	-0.20
FLOT	iShares Floating Rate Bond ETF	-0.20

Frequently asked questions about RCpE correlations

Which stocks are most correlated with RCpE?: Based on one year of daily returns, the stocks most correlated with Ready Capital Corporation 6.50% Series E Cumulative Redeemable Preferred Stock (RCpE) are CNOpA (0.43), APRH (0.41) and ALLpH (0.41). 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 RCpE?: Over the past year, the stocks most inversely correlated with Ready Capital Corporation 6.50% Series E Cumulative Redeemable Preferred Stock (RCpE) are JFR (-0.26), LPCN (-0.23) and XIMR (-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 RCpE correlations calculated?: We compute the correlation of daily returns between RCpE 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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