AutoNation, Inc. (AN) — Stock Correlations & Overview
Over the past year, AN has moved most closely with ABG, GPI, PAG. Explore the stocks most correlated and inversely correlated with AN below, along with its price, financials, and company profile.
Stocks correlated with AN
Correlation of daily returns. Higher positive values move with AN; negative values move opposite it. Informational only, not investment advice.
Most correlated with AN
| Symbol | Company | Correlation |
|---|---|---|
| ABG | Asbury Automotive Group, Inc.RETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.76 |
| GPI | Group 1 Automotive, Inc.RETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.75 |
| PAG | Penske Automotive Group, Inc.RETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.71 |
| SAH | Sonic Automotive, Inc.RETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.69 |
| LAD | Lithia Motors, Inc.RETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.67 |
Frequently asked questions about AN correlations
- Which stocks are most correlated with AN?
- Based on one year of daily returns, the stocks most correlated with AutoNation, Inc. (AN) are ABG (0.76), GPI (0.75) and PAG (0.71). 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 AN?
- Over the past year, the stocks most inversely correlated with AutoNation, Inc. (AN) are CARD (-0.51), HDGE (-0.48) and SBB (-0.46). 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 AN correlations calculated?
- We compute the correlation of daily returns between AN 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.