Stifel Financial Corp. Depositary Shares, Each Representing 1/1, 000th Interest in a Share of 6.125% Non Cumulative Preferred Stock, Series C (SFpC) — Stock Correlations & Overview
Over the past year, SFpC has moved most closely with STTpG, BACpN, BACpM. Explore the stocks most correlated and inversely correlated with SFpC below, along with its price, financials, and company profile.
Stocks correlated with SFpC
Correlation of daily returns. Higher positive values move with SFpC; negative values move opposite it. Informational only, not investment advice.
Most correlated with SFpC
| Symbol | Company | Correlation |
|---|---|---|
| STTpG | State Street Corporation Depositary shares, each representing a 1/4,000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series GSTATE COMMERCIAL BANKS | 0.43 |
| BACpN | Bank of America Corporation Depositary shares, each representing 1/1,000th interest in a share of 5.000% Non-Cumulative Preferred Stock, Series LLNATIONAL COMMERCIAL BANKS | 0.43 |
| BACpM | Bank of America Corporation Depositary Shares, each representing a 1/1,000th interest in a share of 5.375% Non-Cumulative Preferred Stock, Series KKNATIONAL COMMERCIAL BANKS | 0.42 |
| PSK | State Street SPDR ICE Preferred Securities ETF | 0.39 |
| PGF | Invesco Financial Preferred ETF | 0.39 |
Most inversely correlated with SFpC
| Symbol | Company | Correlation |
|---|---|---|
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.28 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.27 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.26 |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | -0.25 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.25 |
Frequently asked questions about SFpC correlations
- Which stocks are most correlated with SFpC?
- Based on one year of daily returns, the stocks most correlated with Stifel Financial Corp. Depositary Shares, Each Representing 1/1, 000th Interest in a Share of 6.125% Non Cumulative Preferred Stock, Series C (SFpC) are STTpG (0.43), BACpN (0.43) and BACpM (0.42). 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 SFpC?
- Over the past year, the stocks most inversely correlated with Stifel Financial Corp. Depositary Shares, Each Representing 1/1, 000th Interest in a Share of 6.125% Non Cumulative Preferred Stock, Series C (SFpC) are TBT (-0.28), TMV (-0.27) and TYO (-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 SFpC correlations calculated?
- We compute the correlation of daily returns between SFpC 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.