Aveanna Healthcare Holdings Inc. Common Stock (AVAH) — Stock Correlations & Overview
Over the past year, AVAH has moved most closely with XHS, AHTpG, PNTG. Explore the stocks most correlated and inversely correlated with AVAH below, along with its price, financials, and company profile.
Stocks correlated with AVAH
Correlation of daily returns. Higher positive values move with AVAH; negative values move opposite it. Informational only, not investment advice.
Most correlated with AVAH
| Symbol | Company | Correlation |
|---|---|---|
| XHS | State Street SPDR S&P Health Care Services ETF | 0.46 |
| AHTpG | Ashford Hospitality Trust, Inc 7.375% Series G Cumulative Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.43 |
| PNTG | The Pennant Group, Inc. Common StockSERVICES-HEALTH SERVICES | 0.41 |
| XHG | XChange TEC.INC American Depositary Shares | 0.37 |
| PSCH | Invesco S&P SmallCap Health Care ETFINVESTMENT ADVICE | 0.37 |
Most inversely correlated with AVAH
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.25 |
| EQNR | Equinor ASA American Depositary Shares (Each Representing One Ordinary Share, nominal value NOK 2.50 per share) | -0.25 |
| DKL | DELEK LOGISTICS PARTNERS, LPPIPE LINES (NO NATURAL GAS) | -0.25 |
| GPRK | GEOPARK LIMITED | -0.25 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.25 |
Frequently asked questions about AVAH correlations
- Which stocks are most correlated with AVAH?
- Based on one year of daily returns, the stocks most correlated with Aveanna Healthcare Holdings Inc. Common Stock (AVAH) are XHS (0.46), AHTpG (0.43) and PNTG (0.41). 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 AVAH?
- Over the past year, the stocks most inversely correlated with Aveanna Healthcare Holdings Inc. Common Stock (AVAH) are EMTY (-0.25), EQNR (-0.25) and DKL (-0.25). 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 AVAH correlations calculated?
- We compute the correlation of daily returns between AVAH 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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