Two Harbors Investment Corp 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ($25.00 liquidation preference per share) (TWOpA) — Stock Correlations & Overview
Over the past year, TWOpA has moved most closely with TWOpB, TWOpC, PCSA. Explore the stocks most correlated and inversely correlated with TWOpA below, along with its price, financials, and company profile.
Stocks correlated with TWOpA
Correlation of daily returns. Higher positive values move with TWOpA; negative values move opposite it. Informational only, not investment advice.
Most correlated with TWOpA
| Symbol | Company | Correlation |
|---|---|---|
| TWOpB | Two Harbors Investment Corp 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.76 |
| TWOpC | Two Harbors Investment Corp 7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.76 |
| PCSA | Processa Pharmaceuticals, Inc. CommonPHARMACEUTICAL PREPARATIONS | 0.35 |
| YRD | Yiren Digital Ltd. | 0.31 |
| ARTL | Artelo Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.29 |
Most inversely correlated with TWOpA
| Symbol | Company | Correlation |
|---|---|---|
| MENS | Jyong Biotech Ltd. Ordinary Shares | -0.39 |
| BTF | CoinShares ETF Trust CoinShares Bitcoin and Ether ETF | -0.38 |
| VTGN | Vistagen Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.34 |
| BUR | Burford Capital LimitedFINANCE SERVICES | -0.33 |
| LFMDP | LifeMD, Inc. 8.875% Series A Cumulative Perpetual Preferred StockSERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE | -0.29 |
Frequently asked questions about TWOpA correlations
- Which stocks are most correlated with TWOpA?
- Based on one year of daily returns, the stocks most correlated with Two Harbors Investment Corp 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ($25.00 liquidation preference per share) (TWOpA) are TWOpB (0.76), TWOpC (0.76) and PCSA (0.35). 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 TWOpA?
- Over the past year, the stocks most inversely correlated with Two Harbors Investment Corp 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ($25.00 liquidation preference per share) (TWOpA) are MENS (-0.39), BTF (-0.38) and VTGN (-0.34). 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 TWOpA correlations calculated?
- We compute the correlation of daily returns between TWOpA 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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