AMN Healthcare Services (AMN) — Stock Correlations & Overview
Over the past year, AMN has moved most closely with NSIT, SPT, XHS. Explore the stocks most correlated and inversely correlated with AMN below, along with its price, financials, and company profile.
Stocks correlated with AMN
Correlation of daily returns. Higher positive values move with AMN; negative values move opposite it. Informational only, not investment advice.
Most correlated with AMN
| Symbol | Company | Correlation |
|---|---|---|
| NSIT | Insight Enterprises IncRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.37 |
| SPT | Sprout Social, Inc Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.36 |
| XHS | State Street SPDR S&P Health Care Services ETF | 0.36 |
| MMI | MARCUS & MILLICHAPREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.34 |
| PRGS | Progress Software Corp (DE)SERVICES-PREPACKAGED SOFTWARE | 0.33 |
Most inversely correlated with AMN
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.33 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.30 |
| AAPD | Direxion Shares ETF Trust Direxion Daily AAPL Bear 1X ETF | -0.23 |
| MSI | Motorola Solutions, Inc. NewRADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT | -0.23 |
| AORT | Artivion, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.23 |
Frequently asked questions about AMN correlations
- Which stocks are most correlated with AMN?
- Based on one year of daily returns, the stocks most correlated with AMN Healthcare Services (AMN) are NSIT (0.37), SPT (0.36) and XHS (0.36). 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 AMN?
- Over the past year, the stocks most inversely correlated with AMN Healthcare Services (AMN) are HDGE (-0.33), DWSH (-0.30) and AAPD (-0.23). 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 AMN correlations calculated?
- We compute the correlation of daily returns between AMN 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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