Triumph Financial, Inc. Depositary Shares, Each Representing a 1/40th Interest in a Share of 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock (TFINp) — Stock Correlations & Overview
Over the past year, TFINp has moved most closely with MEGL, PROF, XYL. Explore the stocks most correlated and inversely correlated with TFINp below, along with its price, financials, and company profile.
Stocks correlated with TFINp
Correlation of daily returns. Higher positive values move with TFINp; negative values move opposite it. Informational only, not investment advice.
Most correlated with TFINp
| Symbol | Company | Correlation |
|---|---|---|
| MEGL | Magic Empire Global Limited Class A Ordinary Shares | 0.27 |
| PROF | Profound Medical Corp. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.24 |
| XYL | Xylem IncPUMPS & PUMPING EQUIPMENT | 0.24 |
| ULH | Universal Logistics Holdings, Inc. Common StockTRUCKING (NO LOCAL) | 0.23 |
| IVSS | Applied Finance IVS US SMID ETF | 0.23 |
Most inversely correlated with TFINp
| Symbol | Company | Correlation |
|---|---|---|
| QBER | TrueShares Quarterly Bear Hedge ETF | -0.31 |
| PMN | ProMIS Neurosciences Inc. Common Shares (ON)PHARMACEUTICAL PREPARATIONS | -0.29 |
| ABOS | Acumen Pharmaceuticals, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.25 |
| ARI | APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.REAL ESTATE INVESTMENT TRUSTS | -0.24 |
| ABRpE | Arbor Realty Trust, Inc. 6.25% Series E Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.23 |
Frequently asked questions about TFINp correlations
- Which stocks are most correlated with TFINp?
- Based on one year of daily returns, the stocks most correlated with Triumph Financial, Inc. Depositary Shares, Each Representing a 1/40th Interest in a Share of 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock (TFINp) are MEGL (0.27), PROF (0.24) and XYL (0.24). 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 TFINp?
- Over the past year, the stocks most inversely correlated with Triumph Financial, Inc. Depositary Shares, Each Representing a 1/40th Interest in a Share of 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock (TFINp) are QBER (-0.31), PMN (-0.29) and ABOS (-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 TFINp correlations calculated?
- We compute the correlation of daily returns between TFINp 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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