Which stocks are most correlated with SCEpM?

Based on one year of daily returns, the stocks most correlated with SCE Trust VII 7.50% Trust Preference Securities (SCEpM) are SCEpN (0.72), SCEpL (0.47) and SCEpG (0.43). 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 SCEpM?

Over the past year, the stocks most inversely correlated with SCE Trust VII 7.50% Trust Preference Securities (SCEpM) are KTTA (-0.24), VRNS (-0.23) and YDDL (-0.22). A negative correlation means the two stocks have tended to move in opposite directions.

SCE Trust VII 7.50% Trust Preference Securities (SCEpM) — Stock Correlations & Overview

Over the past year, SCEpM has moved most closely with SCEpN, SCEpL, SCEpG. Explore the stocks most correlated and inversely correlated with SCEpM below, along with its price, financials, and company profile.

Stocks correlated with SCEpM

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

Most correlated with SCEpM

Symbol	Company	Correlation
SCEpN	SCE Trust VIII 6.95% Trust Preference SecuritiesELECTRIC SERVICES	0.72
SCEpL	SCE TRUST VI 5.00% Trust Preference SecuritiesELECTRIC SERVICES	0.47
SCEpG	SCE TRUST II 5.10% Trust Preference SecuritiesELECTRIC SERVICES	0.43
NEEpU	NextEra Energy Capital Holdings, Inc. Series U Junior Subordinated Debentures due June 1, 2085ELECTRIC SERVICES	0.34
MSpO	Morgan Stanley Depositary Shares, each representing 1/1,000th of a share of 4.250% Non-Cumulative Preferred Stock, Series OSECURITY BROKERS, DEALERS & FLOTATION COMPANIES	0.33

Most inversely correlated with SCEpM

Symbol	Company	Correlation
KTTA	Pasithea Therapeutics Corp. Common StockPHARMACEUTICAL PREPARATIONS	-0.24
VRNS	Varonis Systems, Inc.SERVICES-PREPACKAGED SOFTWARE	-0.23
YDDL	One and One Green Technologies. Inc Class A Ordinary Shares	-0.22
RISR	FolioBeyond Alternative Income and Interest Rate Hedge ETF	-0.21
DTF	DTF Tax-Free Income 2028 Term Fund Inc.	-0.20

Frequently asked questions about SCEpM correlations

Which stocks are most correlated with SCEpM?: Based on one year of daily returns, the stocks most correlated with SCE Trust VII 7.50% Trust Preference Securities (SCEpM) are SCEpN (0.72), SCEpL (0.47) and SCEpG (0.43). 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 SCEpM?: Over the past year, the stocks most inversely correlated with SCE Trust VII 7.50% Trust Preference Securities (SCEpM) are KTTA (-0.24), VRNS (-0.23) and YDDL (-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 SCEpM correlations calculated?: We compute the correlation of daily returns between SCEpM 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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