Which stocks are most correlated with ASTC?

Based on one year of daily returns, the stocks most correlated with Astrotech Corporation (DE) Common Stock (ASTC) are APPS (0.41), MOV (0.37) and DY (0.34). 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 ASTC?

Over the past year, the stocks most inversely correlated with Astrotech Corporation (DE) Common Stock (ASTC) are VRRM (-0.68), BSX (-0.38) and ZS (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Astrotech Corporation (DE) Common Stock (ASTC) — Stock Correlations & Overview

Over the past year, ASTC has moved most closely with APPS, MOV, DY. Explore the stocks most correlated and inversely correlated with ASTC below, along with its price, financials, and company profile.

Stocks correlated with ASTC

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

Most correlated with ASTC

Symbol	Company	Correlation
APPS	Digital Turbine, Inc.PATENT OWNERS & LESSORS	0.41
MOV	Movado Group, Inc.WATCHES, CLOCKS, CLOCKWORK OPERATED DEVICES/PARTS	0.37
DY	Dycom Industries, Inc.WATER, SEWER, PIPELINE, COMM & POWER LINE CONSTRUCTION	0.34
UIS	Unisys CorporationSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN	0.33
TOPP	Toppoint Holdings Inc.TRUCKING & COURIER SERVICES (NO AIR)	0.33

Most inversely correlated with ASTC

Symbol	Company	Correlation
VRRM	Verra Mobility Corporation Class A Common StockTRANSPORTATION SERVICES	-0.68
BSX	Boston Scientific Corp.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS	-0.38
ZS	Zscaler, Inc. Common StockSERVICES-COMPUTER PROGRAMMING SERVICES	-0.37
PNRG	PrimeEnergy Resources Corporation Common StockCRUDE PETROLEUM & NATURAL GAS	-0.29
PDDL	GraniteShares 2x Long PDD Daily ETF	-0.26

Frequently asked questions about ASTC correlations

Which stocks are most correlated with ASTC?: Based on one year of daily returns, the stocks most correlated with Astrotech Corporation (DE) Common Stock (ASTC) are APPS (0.41), MOV (0.37) and DY (0.34). 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 ASTC?: Over the past year, the stocks most inversely correlated with Astrotech Corporation (DE) Common Stock (ASTC) are VRRM (-0.68), BSX (-0.38) and ZS (-0.37). 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 ASTC correlations calculated?: We compute the correlation of daily returns between ASTC 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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