AES Corporation (AES) — Stock Correlations & Overview
Over the past year, AES has moved most closely with AARD, PULM, BUI. Explore the stocks most correlated and inversely correlated with AES below, along with its price, financials, and company profile.
Stocks correlated with AES
Correlation of daily returns. Higher positive values move with AES; negative values move opposite it. Informational only, not investment advice.
Most correlated with AES
| Symbol | Company | Correlation |
|---|---|---|
| AARD | Aardvark Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.40 |
| PULM | Pulmatrix, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.32 |
| BUI | BlackRock Utilities, Infrastructure & Power Opportunities Trust | 0.32 |
| NLYpF | Annaly Capital Management, Inc. 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.31 |
| MTBpH | M&T Bank Corporation Perpetual Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series HSTATE COMMERCIAL BANKS | 0.30 |
Most inversely correlated with AES
| Symbol | Company | Correlation |
|---|---|---|
| TPET | Trio Petroleum Corp.CRUDE PETROLEUM & NATURAL GAS | -0.30 |
| CHR | Cheer Holding, Inc. Class A Ordinary ShareSERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.30 |
| TMDE | TMD Energy Limited | -0.30 |
| BGSF | BGSF, Inc.SERVICES-HELP SUPPLY SERVICES | -0.28 |
| SDP | ProShares UltraShort Utilities | -0.27 |
Frequently asked questions about AES correlations
- Which stocks are most correlated with AES?
- Based on one year of daily returns, the stocks most correlated with AES Corporation (AES) are AARD (0.40), PULM (0.32) and BUI (0.32). 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 AES?
- Over the past year, the stocks most inversely correlated with AES Corporation (AES) are TPET (-0.30), CHR (-0.30) and TMDE (-0.30). 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 AES correlations calculated?
- We compute the correlation of daily returns between AES 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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