SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) — Stock Correlations & Overview
Over the past year, SWKHL has moved most closely with ADAMH, OXLCZ, OXLCI. Explore the stocks most correlated and inversely correlated with SWKHL below, along with its price, financials, and company profile.
Stocks correlated with SWKHL
Correlation of daily returns. Higher positive values move with SWKHL; negative values move opposite it. Informational only, not investment advice.
Most correlated with SWKHL
| Symbol | Company | Correlation |
|---|---|---|
| ADAMH | Adamas Trust, Inc. 9.875% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS | 0.51 |
| OXLCZ | Oxford Lane Capital Corp. 5.00% Notes due 2027 | 0.47 |
| OXLCI | Oxford Lane Capital Corp. 8.75% Notes due 2030 | 0.47 |
| ADAMG | Adamas Trust, Inc. 9.125% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS | 0.43 |
| PMTU | PennyMac Mortgage Investment Trust 8.50% Senior Notes due 2028REAL ESTATE INVESTMENT TRUSTS | 0.43 |
Most inversely correlated with SWKHL
| Symbol | Company | Correlation |
|---|---|---|
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.25 |
| RADX | Radiopharm Theranostics Limited American Depositary Shares | -0.24 |
| TPET | Trio Petroleum Corp.CRUDE PETROLEUM & NATURAL GAS | -0.22 |
| KREFpA | KKR Real Estate Finance Trust Inc. 6.50% Series A Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.21 |
| AMCI | AMC Robotics Corporation Common StockRETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES | -0.21 |
Frequently asked questions about SWKHL correlations
- Which stocks are most correlated with SWKHL?
- Based on one year of daily returns, the stocks most correlated with SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) are ADAMH (0.51), OXLCZ (0.47) and OXLCI (0.47). 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 SWKHL?
- Over the past year, the stocks most inversely correlated with SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) are SLTY (-0.25), RADX (-0.24) and TPET (-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 SWKHL correlations calculated?
- We compute the correlation of daily returns between SWKHL 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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