Sachem Capital Corp. Common Shares (SACH) — Stock Correlations & Overview
Over the past year, SACH has moved most closely with RAMP, SBFM, GOVX. Explore the stocks most correlated and inversely correlated with SACH below, along with its price, financials, and company profile.
Stocks correlated with SACH
Correlation of daily returns. Higher positive values move with SACH; negative values move opposite it. Informational only, not investment advice.
Most correlated with SACH
| Symbol | Company | Correlation |
|---|---|---|
| RAMP | LiveRamp Holdings, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.42 |
| SBFM | Sunshine Biopharma Inc.PHARMACEUTICAL PREPARATIONS | 0.38 |
| GOVX | GeoVax Labs, Inc. NewPHARMACEUTICAL PREPARATIONS | 0.33 |
| SCCF | Sachem Capital Corp. 7.125% Notes due 2027REAL ESTATE INVESTMENT TRUSTS | 0.32 |
| CLPR | Clipper Realty Inc. Common StockREAL ESTATE INVESTMENT TRUSTS | 0.32 |
Most inversely correlated with SACH
| Symbol | Company | Correlation |
|---|---|---|
| PVI | Invesco Floating Rate Municipal Income ETFINVESTMENT ADVICE | -0.28 |
| VRIG | Invesco Variable Rate Investment Grade ETF | -0.24 |
| NEOV | NeoVolta Inc. Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | -0.22 |
| TBLL | Invesco Short Term Treasury ETF | -0.22 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.19 |
Frequently asked questions about SACH correlations
- Which stocks are most correlated with SACH?
- Based on one year of daily returns, the stocks most correlated with Sachem Capital Corp. Common Shares (SACH) are RAMP (0.42), SBFM (0.38) and GOVX (0.33). 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 SACH?
- Over the past year, the stocks most inversely correlated with Sachem Capital Corp. Common Shares (SACH) are PVI (-0.28), VRIG (-0.24) and NEOV (-0.22). 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 SACH correlations calculated?
- We compute the correlation of daily returns between SACH 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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