Seritage Growth Properties 7.00% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (SRGpA) — Stock Correlations & Overview
Over the past year, SRGpA has moved most closely with LPCN, SMHI, GDMA. Explore the stocks most correlated and inversely correlated with SRGpA below, along with its price, financials, and company profile.
Stocks correlated with SRGpA
Correlation of daily returns. Higher positive values move with SRGpA; negative values move opposite it. Informational only, not investment advice.
Most correlated with SRGpA
| Symbol | Company | Correlation |
|---|---|---|
| LPCN | Lipocine Inc.PHARMACEUTICAL PREPARATIONS | 0.25 |
| SMHI | SEACOR Marine Holdings Inc. Common StockDEEP SEA FOREIGN TRANSPORTATION OF FREIGHT | 0.24 |
| GDMA | Gadsden Dynamic Multi-Asset ETF | 0.23 |
| RNGR | Ranger Energy Services, Inc.OIL & GAS FIELD SERVICES, NEC | 0.23 |
| NEEpN | NextEra Energy Capital Holdings, Inc. Series N Junior Subordinated Debentures due March 1, 2079ELECTRIC SERVICES | 0.22 |
Most inversely correlated with SRGpA
| Symbol | Company | Correlation |
|---|---|---|
| FEMY | Femasys Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.20 |
| RDAC | Rising Dragon Acquisition Corp. Ordinary SharesBLANK CHECKS | -0.20 |
| AVS | Direxion Shares ETF Trust Direxion Daily AVGO Bear 1X ETF | -0.19 |
| ALTGpA | Alta Equipment Group Inc. Depositary Shares (each representing 1/1000th in a share of 10% Series A Cumulative Perpetual Preferred Stock)WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT | -0.18 |
| BBW | Build-A-Bear Workshop, Inc.RETAIL-HOBBY, TOY & GAME SHOPS | -0.18 |
Frequently asked questions about SRGpA correlations
- Which stocks are most correlated with SRGpA?
- Based on one year of daily returns, the stocks most correlated with Seritage Growth Properties 7.00% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (SRGpA) are LPCN (0.25), SMHI (0.24) and GDMA (0.23). 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 SRGpA?
- Over the past year, the stocks most inversely correlated with Seritage Growth Properties 7.00% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (SRGpA) are FEMY (-0.20), RDAC (-0.20) and AVS (-0.19). 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 SRGpA correlations calculated?
- We compute the correlation of daily returns between SRGpA 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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