TRIPLEPOINT VENTURE GROWTH BDC CORP. (TPVG) — Stock Correlations & Overview
Over the past year, TPVG has moved most closely with TCPC, VPC, FBDC. Explore the stocks most correlated and inversely correlated with TPVG below, along with its price, financials, and company profile.
Stocks correlated with TPVG
Correlation of daily returns. Higher positive values move with TPVG; negative values move opposite it. Informational only, not investment advice.
Most correlated with TPVG
| Symbol | Company | Correlation |
|---|---|---|
| TCPC | BlackRock TCP Capital Corp. Common Stock | 0.60 |
| VPC | Virtus Private Credit Strategy ETF | 0.59 |
| FBDC | FT Confluence BDC & Specialty Finance Income ETF | 0.59 |
| PBDC | Putnam BDC Income ETF | 0.59 |
| BBDC | Barings BDC, Inc. | 0.58 |
Most inversely correlated with TPVG
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.34 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.29 |
| SDD | ProShares UltraShort SmallCap600 | -0.29 |
| YXT | YXT.COM GROUP HOLDING LIMITED American Depository Shares | -0.29 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.28 |
Frequently asked questions about TPVG correlations
- Which stocks are most correlated with TPVG?
- Based on one year of daily returns, the stocks most correlated with TRIPLEPOINT VENTURE GROWTH BDC CORP. (TPVG) are TCPC (0.60), VPC (0.59) and FBDC (0.59). 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 TPVG?
- Over the past year, the stocks most inversely correlated with TRIPLEPOINT VENTURE GROWTH BDC CORP. (TPVG) are HDGE (-0.34), DWSH (-0.29) and SDD (-0.29). 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 TPVG correlations calculated?
- We compute the correlation of daily returns between TPVG 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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