Which stocks are most correlated with RLJpA?

Based on one year of daily returns, the stocks most correlated with RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred Shares (RLJpA) are MSpF (0.59), APRJ (0.59) and EFCpB (0.58). 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 RLJpA?

Over the past year, the stocks most inversely correlated with RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred Shares (RLJpA) are TBN (-0.36), BENFW (-0.31) and CAOS (-0.24). A negative correlation means the two stocks have tended to move in opposite directions.

RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred Shares (RLJpA) — Stock Correlations & Overview

Over the past year, RLJpA has moved most closely with MSpF, APRJ, EFCpB. Explore the stocks most correlated and inversely correlated with RLJpA below, along with its price, financials, and company profile.

Stocks correlated with RLJpA

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

Most correlated with RLJpA

Symbol	Company	Correlation
MSpF	MORGAN STANLEY SERIES FSECURITY BROKERS, DEALERS & FLOTATION COMPANIES	0.59
APRJ	Innovator Premium Income 30 Barrier ETF - April	0.59
EFCpB	Ellington Financial Inc. 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred StockREAL ESTATE	0.58
APRH	Innovator Premium Income 20 Barrier ETF - April	0.58
JULJ	Innovator Premium Income 30 Barrier ETF - July	0.55

Most inversely correlated with RLJpA

Symbol	Company	Correlation
TBN	Tamboran Resources CorporationCRUDE PETROLEUM & NATURAL GAS	-0.36
BENFW	Beneficient WarrantFINANCE SERVICES	-0.31
CAOS	Alpha Architect Tail Risk ETF	-0.24
PRM	Perimeter Solutions, Inc.CHEMICALS & ALLIED PRODUCTS	-0.23
DBL	DOUBLELINE OPPORTUNISTIC CREDIT FUND	-0.22

Frequently asked questions about RLJpA correlations

Which stocks are most correlated with RLJpA?: Based on one year of daily returns, the stocks most correlated with RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred Shares (RLJpA) are MSpF (0.59), APRJ (0.59) and EFCpB (0.58). 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 RLJpA?: Over the past year, the stocks most inversely correlated with RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred Shares (RLJpA) are TBN (-0.36), BENFW (-0.31) and CAOS (-0.24). 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 RLJpA correlations calculated?: We compute the correlation of daily returns between RLJpA 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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