Sabra Healthcare REIT, Inc. (SBRA) — Stock Correlations & Overview
Over the past year, SBRA has moved most closely with OHI, CTRE, LTC. Explore the stocks most correlated and inversely correlated with SBRA below, along with its price, financials, and company profile.
Stocks correlated with SBRA
Correlation of daily returns. Higher positive values move with SBRA; negative values move opposite it. Informational only, not investment advice.
Most correlated with SBRA
| Symbol | Company | Correlation |
|---|---|---|
| OHI | Omega Healthcare Investors Inc.REAL ESTATE INVESTMENT TRUSTS | 0.75 |
| CTRE | CareTrust REIT, IncREAL ESTATE INVESTMENT TRUSTS | 0.71 |
| LTC | LTC Properties, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.70 |
| NHI | National Health InvestorsREAL ESTATE INVESTMENT TRUSTS | 0.67 |
| VTR | Ventas, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.64 |
Most inversely correlated with SBRA
| Symbol | Company | Correlation |
|---|---|---|
| REK | ProShares Short Real Estate | -0.43 |
| DRV | Direxion Daily Real Estate Bear 3X ETF | -0.41 |
| SRS | ProShares UltraShort Real Estate | -0.41 |
| CLBK | Columbia Financial, Inc. Common StockSAVINGS INSTITUTION, FEDERALLY CHARTERED | -0.38 |
| PYPD | PolyPid Ltd. Ordinary Shares | -0.32 |
Frequently asked questions about SBRA correlations
- Which stocks are most correlated with SBRA?
- Based on one year of daily returns, the stocks most correlated with Sabra Healthcare REIT, Inc. (SBRA) are OHI (0.75), CTRE (0.71) and LTC (0.70). 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 SBRA?
- Over the past year, the stocks most inversely correlated with Sabra Healthcare REIT, Inc. (SBRA) are REK (-0.43), DRV (-0.41) and SRS (-0.41). 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 SBRA correlations calculated?
- We compute the correlation of daily returns between SBRA 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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