Arcosa, Inc. Common Stock (ACA) — Stock Correlations & Overview
Over the past year, ACA has moved most closely with PSCI, GSC, SCDS. Explore the stocks most correlated and inversely correlated with ACA below, along with its price, financials, and company profile.
Stocks correlated with ACA
Correlation of daily returns. Higher positive values move with ACA; negative values move opposite it. Informational only, not investment advice.
Most correlated with ACA
| Symbol | Company | Correlation |
|---|---|---|
| PSCI | Invesco S&P SmallCap Industrials ETFINVESTMENT ADVICE | 0.62 |
| GSC | Goldman Sachs Small Cap Equity ETF | 0.58 |
| SCDS | JPMorgan Fundamental Data Science Small Core ETF | 0.58 |
| SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | 0.58 |
| FNX | First Trust Mid Cap Core AlphaDEX Fund | 0.58 |
Frequently asked questions about ACA correlations
- Which stocks are most correlated with ACA?
- Based on one year of daily returns, the stocks most correlated with Arcosa, Inc. Common Stock (ACA) are PSCI (0.62), GSC (0.58) and SCDS (0.58). 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 ACA?
- Over the past year, the stocks most inversely correlated with Arcosa, Inc. Common Stock (ACA) are SDD (-0.56), TZA (-0.55) and SMDD (-0.55). 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 ACA correlations calculated?
- We compute the correlation of daily returns between ACA 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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