Archer Daniels Midland Company (ADM) — Stock Correlations & Overview
Over the past year, ADM has moved most closely with BG, DAR, VEGI. Explore the stocks most correlated and inversely correlated with ADM below, along with its price, financials, and company profile.
Stocks correlated with ADM
Correlation of daily returns. Higher positive values move with ADM; negative values move opposite it. Informational only, not investment advice.
Most correlated with ADM
| Symbol | Company | Correlation |
|---|---|---|
| BG | Bunge Global SAFATS & OILS | 0.70 |
| DAR | DARLING INGREDIENTS INC.FATS & OILS | 0.57 |
| VEGI | iShares MSCI Agriculture Producers ETF | 0.51 |
| MOO | VanEck Agribusiness ETF | 0.51 |
| ANDE | Andersons Inc/TheWHOLESALE-FARM PRODUCT RAW MATERIALS | 0.47 |
Most inversely correlated with ADM
| Symbol | Company | Correlation |
|---|---|---|
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.43 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.41 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.41 |
| DUG | ProShares UltraShort Energy | -0.41 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.41 |
Frequently asked questions about ADM correlations
- Which stocks are most correlated with ADM?
- Based on one year of daily returns, the stocks most correlated with Archer Daniels Midland Company (ADM) are BG (0.70), DAR (0.57) and VEGI (0.51). 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 ADM?
- Over the past year, the stocks most inversely correlated with Archer Daniels Midland Company (ADM) are NRGD (-0.43), OILD (-0.41) and ERY (-0.41). 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 ADM correlations calculated?
- We compute the correlation of daily returns between ADM 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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