Alico Inc (ALCO) — Stock Correlations & Overview

Over the past year, ALCO has moved most closely with PCYO, TMDV, PBJ. Explore the stocks most correlated and inversely correlated with ALCO below, along with its price, financials, and company profile.

Stocks correlated with ALCO

Correlation of daily returns. Higher positive values move with ALCO; negative values move opposite it. Informational only, not investment advice.

Most correlated with ALCO

SymbolCompanyCorrelation
PCYOPure Cycle CorporationWATER SUPPLY0.39
TMDVProShares Russell US Dividend Growers ETF0.37
PBJInvesco Food & Beverage ETF0.37
PLBCPlumas BancorpSHORT-TERM BUSINESS CREDIT INSTITUTIONS0.36
VSDAVictoryShares Dividend Accelerator ETF0.36

Most inversely correlated with ALCO

SymbolCompanyCorrelation
SZKProShares UltraShort Consumer Staples-0.33
EMTYProShares Decline of the Retail Store ETF-0.27
SMNProShares UltraShort Materials-0.25
SKRETuttle Capital Daily 2X Inverse Regional Banks ETF-0.24
REKProShares Short Real Estate-0.24

Frequently asked questions about ALCO correlations

Which stocks are most correlated with ALCO?
Based on one year of daily returns, the stocks most correlated with Alico Inc (ALCO) are PCYO (0.39), TMDV (0.37) and PBJ (0.37). 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 ALCO?
Over the past year, the stocks most inversely correlated with Alico Inc (ALCO) are SZK (-0.33), EMTY (-0.27) and SMN (-0.25). 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 ALCO correlations calculated?
We compute the correlation of daily returns between ALCO 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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