Rithm Capital Corp. 7.00% Fixed-Rate Reset Series D Cumulative Redeemable Preferred Stock (RITMpD) — Stock Correlations & Overview
Over the past year, RITMpD has moved most closely with RITMpC, RITMpB, MITP. Explore the stocks most correlated and inversely correlated with RITMpD below, along with its price, financials, and company profile.
Stocks correlated with RITMpD
Correlation of daily returns. Higher positive values move with RITMpD; negative values move opposite it. Informational only, not investment advice.
Most correlated with RITMpD
| Symbol | Company | Correlation |
|---|---|---|
| RITMpC | Rithm Capital Corp. 6.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.63 |
| RITMpB | Rithm Capital Corp. 7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.62 |
| MITP | TPG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS | 0.60 |
| MFAO | MFA Financial, Inc. 9.000% Senior Notes due 2029REAL ESTATE INVESTMENT TRUSTS | 0.58 |
| NMFCZ | New Mountain Finance Corporation 8.250% Notes due 2028 | 0.56 |
Most inversely correlated with RITMpD
| Symbol | Company | Correlation |
|---|---|---|
| CDRpB | CEDAR REALTY TRUST, INC. 7.25% Series B Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.31 |
| EWV | ProShares Trust UltraShort MSCI Japan | -0.26 |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.26 |
| MGLD | The Marygold Companies, Inc.FINANCE SERVICES | -0.25 |
| TTXD | Direxion Daily Technology Top 5 Bear 2X ETF | -0.24 |
Frequently asked questions about RITMpD correlations
- Which stocks are most correlated with RITMpD?
- Based on one year of daily returns, the stocks most correlated with Rithm Capital Corp. 7.00% Fixed-Rate Reset Series D Cumulative Redeemable Preferred Stock (RITMpD) are RITMpC (0.63), RITMpB (0.62) and MITP (0.60). 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 RITMpD?
- Over the past year, the stocks most inversely correlated with Rithm Capital Corp. 7.00% Fixed-Rate Reset Series D Cumulative Redeemable Preferred Stock (RITMpD) are CDRpB (-0.31), EWV (-0.26) and VXZ (-0.26). 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 RITMpD correlations calculated?
- We compute the correlation of daily returns between RITMpD 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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