Albertsons Companies, Inc. (ACI) — Stock Correlations & Overview
Over the past year, ACI has moved most closely with KR, PBJ, FSTA. Explore the stocks most correlated and inversely correlated with ACI below, along with its price, financials, and company profile.
Stocks correlated with ACI
Correlation of daily returns. Higher positive values move with ACI; negative values move opposite it. Informational only, not investment advice.
Most correlated with ACI
| Symbol | Company | Correlation |
|---|---|---|
| KR | The Kroger Co.RETAIL-GROCERY STORES | 0.58 |
| PBJ | Invesco Food & Beverage ETF | 0.48 |
| FSTA | Fidelity MSCI Consumer Staples Index ETF | 0.45 |
| VDC | Vanguard Consumer Staples ETF | 0.43 |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | 0.42 |
Most inversely correlated with ACI
| Symbol | Company | Correlation |
|---|---|---|
| NVEC | NVE CorpSEMICONDUCTORS & RELATED DEVICES | -0.46 |
| SZK | ProShares UltraShort Consumer Staples | -0.42 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.36 |
| THRM | Gentherm IncMOTOR VEHICLE PARTS & ACCESSORIES | -0.30 |
| RELL | Richardson Electronics LtdWHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC | -0.29 |
Frequently asked questions about ACI correlations
- Which stocks are most correlated with ACI?
- Based on one year of daily returns, the stocks most correlated with Albertsons Companies, Inc. (ACI) are KR (0.58), PBJ (0.48) and FSTA (0.45). 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 ACI?
- Over the past year, the stocks most inversely correlated with Albertsons Companies, Inc. (ACI) are NVEC (-0.46), SZK (-0.42) and EMTY (-0.36). 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 ACI correlations calculated?
- We compute the correlation of daily returns between ACI 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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