ATS Corporation (ATS) — Stock Correlations & Overview
Over the past year, ATS has moved most closely with TDUP, UWMC, CLFD. Explore the stocks most correlated and inversely correlated with ATS below, along with its price, financials, and company profile.
Stocks correlated with ATS
Correlation of daily returns. Higher positive values move with ATS; negative values move opposite it. Informational only, not investment advice.
Most correlated with ATS
| Symbol | Company | Correlation |
|---|---|---|
| TDUP | ThredUp Inc. Class A Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.60 |
| UWMC | UWM Holdings CorporationMORTGAGE BANKERS & LOAN CORRESPONDENTS | 0.54 |
| CLFD | Clearfield, Inc.TELEPHONE & TELEGRAPH APPARATUS | 0.52 |
| FTXR | First Trust Nasdaq Transportation ETF | 0.50 |
| CCFE | Concourse Capital Focused Equity ETF | 0.49 |
Frequently asked questions about ATS correlations
- Which stocks are most correlated with ATS?
- Based on one year of daily returns, the stocks most correlated with ATS Corporation (ATS) are TDUP (0.60), UWMC (0.54) and CLFD (0.52). 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 ATS?
- Over the past year, the stocks most inversely correlated with ATS Corporation (ATS) are SBB (-0.48), SDD (-0.47) and JETD (-0.47). 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 ATS correlations calculated?
- We compute the correlation of daily returns between ATS 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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