US Bancorp Depositary Shares (1/1,000 Interest in Ser. B Non-Cum. Prptl. Prfrd. Stock) (USBpH) — Stock Correlations & Overview
Over the past year, USBpH has moved most closely with MSpA, ALLpH, ALLpI. Explore the stocks most correlated and inversely correlated with USBpH below, along with its price, financials, and company profile.
Stocks correlated with USBpH
Correlation of daily returns. Higher positive values move with USBpH; negative values move opposite it. Informational only, not investment advice.
Most correlated with USBpH
| Symbol | Company | Correlation |
|---|---|---|
| MSpA | Morgan Stanley Floating Rate non-cumulative Preferred Series ASECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.58 |
| ALLpH | The Allstate CorporationFIRE, MARINE & CASUALTY INSURANCE | 0.49 |
| ALLpI | The Allstate CorporationFIRE, MARINE & CASUALTY INSURANCE | 0.48 |
| USBpS | U.S. Bancorp Depositary Shares, each representing a 1/1, 000th interest in a share of Series O Non- Cumulative Perpetual Preferred StockNATIONAL COMMERCIAL BANKS | 0.47 |
| MSpL | Morgan Stanley Depositary Shares, each representing 1/1,000th of a share of 4.875% Non-Cumulative Preferred Stock, Series LSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.47 |
Frequently asked questions about USBpH correlations
- Which stocks are most correlated with USBpH?
- Based on one year of daily returns, the stocks most correlated with US Bancorp Depositary Shares (1/1,000 Interest in Ser. B Non-Cum. Prptl. Prfrd. Stock) (USBpH) are MSpA (0.58), ALLpH (0.49) and ALLpI (0.48). 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 USBpH?
- Over the past year, the stocks most inversely correlated with US Bancorp Depositary Shares (1/1,000 Interest in Ser. B Non-Cum. Prptl. Prfrd. Stock) (USBpH) are DRV (-0.26), SRS (-0.26) and REK (-0.24). 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 USBpH correlations calculated?
- We compute the correlation of daily returns between USBpH 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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