Presidio Property Trust, Inc. Series A Common Stock Purchase Warrants (SQFTW) — Stock Correlations & Overview
Over the past year, SQFTW has moved most closely with VAL.WS, VAL, RLY. Explore the stocks most correlated and inversely correlated with SQFTW below, along with its price, financials, and company profile.
Stocks correlated with SQFTW
Correlation of daily returns. Higher positive values move with SQFTW; negative values move opposite it. Informational only, not investment advice.
Most correlated with SQFTW
| Symbol | Company | Correlation |
|---|---|---|
| VAL.WS | Valaris Limited Warrants to purchase Common SharesDRILLING OIL & GAS WELLS | 0.41 |
| VAL | Valaris LimitedDRILLING OIL & GAS WELLS | 0.35 |
| RLY | State Street Multi-Asset Real Return ETF | 0.31 |
| CSNR | Cohen & Steers Natural Resources Active ETF | 0.31 |
| NANR | State Street SPDR S&P North American Natural Resources ETF | 0.31 |
Most inversely correlated with SQFTW
| Symbol | Company | Correlation |
|---|---|---|
| KD | Kyndryl Holdings, Inc.SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | -0.31 |
| AON | Aon plc Class AINSURANCE AGENTS, BROKERS & SERVICE | -0.27 |
| ERIE | Erie Indemnity CoINSURANCE AGENTS, BROKERS & SERVICE | -0.25 |
| UPB | Upstream Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.25 |
| DUST | Direxion Daily Gold Miners Index Bear 2X ETF | -0.23 |
Frequently asked questions about SQFTW correlations
- Which stocks are most correlated with SQFTW?
- Based on one year of daily returns, the stocks most correlated with Presidio Property Trust, Inc. Series A Common Stock Purchase Warrants (SQFTW) are VAL.WS (0.41), VAL (0.35) and RLY (0.31). 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 SQFTW?
- Over the past year, the stocks most inversely correlated with Presidio Property Trust, Inc. Series A Common Stock Purchase Warrants (SQFTW) are KD (-0.31), AON (-0.27) and ERIE (-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 SQFTW correlations calculated?
- We compute the correlation of daily returns between SQFTW 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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