ANTERO RESOURCES CORPORATION (AR) — Stock Correlations & Overview
Over the past year, AR has moved most closely with RRC, FCG, EQT. Explore the stocks most correlated and inversely correlated with AR below, along with its price, financials, and company profile.
Stocks correlated with AR
Correlation of daily returns. Higher positive values move with AR; negative values move opposite it. Informational only, not investment advice.
Most correlated with AR
| Symbol | Company | Correlation |
|---|---|---|
| RRC | Range Resources CorpCRUDE PETROLEUM & NATURAL GAS | 0.86 |
| FCG | First Trust Natural Gas ETF | 0.77 |
| EQT | EQT CORPCRUDE PETROLEUM & NATURAL GAS | 0.77 |
| EXE | Expand Energy Corporation Common StockCRUDE PETROLEUM & NATURAL GAS | 0.75 |
| PXE | Invesco Energy Exploration & Production ETF | 0.73 |
Most inversely correlated with AR
| Symbol | Company | Correlation |
|---|---|---|
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.71 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.65 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.64 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.59 |
| DUG | ProShares UltraShort Energy | -0.59 |
Frequently asked questions about AR correlations
- Which stocks are most correlated with AR?
- Based on one year of daily returns, the stocks most correlated with ANTERO RESOURCES CORPORATION (AR) are RRC (0.86), FCG (0.77) and EQT (0.77). 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 AR?
- Over the past year, the stocks most inversely correlated with ANTERO RESOURCES CORPORATION (AR) are DRIP (-0.71), WTID (-0.65) and OILD (-0.64). 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 AR correlations calculated?
- We compute the correlation of daily returns between AR 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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