Which stocks are most correlated with SHOpH?

Based on one year of daily returns, the stocks most correlated with Sunstone Hotel Investors, Inc. 6.125% Series H Cumulative Redeemable Preferred Stock (SHOpH) are EFCpC (0.38), AXSpE (0.38) and JULJ (0.37). 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 SHOpH?

Over the past year, the stocks most inversely correlated with Sunstone Hotel Investors, Inc. 6.125% Series H Cumulative Redeemable Preferred Stock (SHOpH) are MUD (-0.27), NXDTpA (-0.26) and SOXS (-0.25). A negative correlation means the two stocks have tended to move in opposite directions.

Sunstone Hotel Investors, Inc. 6.125% Series H Cumulative Redeemable Preferred Stock (SHOpH) — Stock Correlations & Overview

Over the past year, SHOpH has moved most closely with EFCpC, AXSpE, JULJ. Explore the stocks most correlated and inversely correlated with SHOpH below, along with its price, financials, and company profile.

Stocks correlated with SHOpH

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

Most correlated with SHOpH

Symbol	Company	Correlation
EFCpC	Ellington Financial Inc. 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred StockREAL ESTATE	0.38
AXSpE	AXIS Capital Holdings Limited Depositary Shares, each representing 1/100th interest in a share of the Issuers 5.50% Series E Preferred SharesFIRE, MARINE & CASUALTY INSURANCE	0.38
JULJ	Innovator Premium Income 30 Barrier ETF - July	0.37
JULH	Innovator Premium Income 20 Barrier ETF - July	0.36
MSpF	MORGAN STANLEY SERIES FSECURITY BROKERS, DEALERS & FLOTATION COMPANIES	0.36

Most inversely correlated with SHOpH

Symbol	Company	Correlation
MUD	Direxion Shares ETF Trust Direxion Daily MU Bear 1X ETF	-0.27
NXDTpA	NexPoint Diversified Real Estate Trust 5.50% Series A Cumulative Preferred Shares ($25.00 liquidation preference per share)REAL ESTATE INVESTMENT TRUSTS	-0.26
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.25
AMDD	Direxion Shares ETF Trust Direxion Daily AMD Bear 1X ETF	-0.24
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.23

Frequently asked questions about SHOpH correlations

Which stocks are most correlated with SHOpH?: Based on one year of daily returns, the stocks most correlated with Sunstone Hotel Investors, Inc. 6.125% Series H Cumulative Redeemable Preferred Stock (SHOpH) are EFCpC (0.38), AXSpE (0.38) and JULJ (0.37). 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 SHOpH?: Over the past year, the stocks most inversely correlated with Sunstone Hotel Investors, Inc. 6.125% Series H Cumulative Redeemable Preferred Stock (SHOpH) are MUD (-0.27), NXDTpA (-0.26) and SOXS (-0.25). 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 SHOpH correlations calculated?: We compute the correlation of daily returns between SHOpH 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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