Triton International Limited 5.75% Series E Cumulative Redeemable Perpetual Preference Shares (TRTNpE) — Stock Correlations & Overview
Over the past year, TRTNpE has moved most closely with CMSC, USBpP, TRTNpC. Explore the stocks most correlated and inversely correlated with TRTNpE below, along with its price, financials, and company profile.
Stocks correlated with TRTNpE
Correlation of daily returns. Higher positive values move with TRTNpE; negative values move opposite it. Informational only, not investment advice.
Most correlated with TRTNpE
| Symbol | Company | Correlation |
|---|---|---|
| CMSC | CMS Energy Corporation 5.875% Junior Subordinated Notes due 2078ELECTRIC & OTHER SERVICES COMBINED | 0.46 |
| USBpP | U.S. Bancorp Depositary Shares each representing a 1/1,000th interest in a share of Series K Non-Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.46 |
| TRTNpC | Triton International Limited 7.375% Series C Cumulative Redeemable Perpetual Preference SharesSERVICES-EQUIPMENT RENTAL & LEASING, NEC | 0.46 |
| GPJA | Georgia Power Company Series 2017A 5.00 Percent Junior Subordinated Notes due October 1, 2077ELECTRIC SERVICES | 0.44 |
| EFCpB | Ellington Financial Inc. 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred StockREAL ESTATE | 0.44 |
Most inversely correlated with TRTNpE
| Symbol | Company | Correlation |
|---|---|---|
| SDP | ProShares UltraShort Utilities | -0.25 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.23 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.22 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.22 |
| TBN | Tamboran Resources CorporationCRUDE PETROLEUM & NATURAL GAS | -0.22 |
Frequently asked questions about TRTNpE correlations
- Which stocks are most correlated with TRTNpE?
- Based on one year of daily returns, the stocks most correlated with Triton International Limited 5.75% Series E Cumulative Redeemable Perpetual Preference Shares (TRTNpE) are CMSC (0.46), USBpP (0.46) and TRTNpC (0.46). 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 TRTNpE?
- Over the past year, the stocks most inversely correlated with Triton International Limited 5.75% Series E Cumulative Redeemable Perpetual Preference Shares (TRTNpE) are SDP (-0.25), DWSH (-0.23) and SCC (-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 TRTNpE correlations calculated?
- We compute the correlation of daily returns between TRTNpE 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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