GRUPO AVAL ACCIONES Y VALORES S.A. (AVAL) — Stock Correlations & Overview
Over the past year, AVAL has moved most closely with COLO, CIB, PTEU. Explore the stocks most correlated and inversely correlated with AVAL below, along with its price, financials, and company profile.
Stocks correlated with AVAL
Correlation of daily returns. Higher positive values move with AVAL; negative values move opposite it. Informational only, not investment advice.
Most correlated with AVAL
| Symbol | Company | Correlation |
|---|---|---|
| COLO | Global X MSCI Colombia ETF | 0.60 |
| CIB | Grupo Cibest S.A. American Depositary Shares (each representing four (4) Preferred Shares) | 0.51 |
| PTEU | Pacer TrendpilotTM European Index ETF | 0.48 |
| EPIN | Harbor International Equity ETF | 0.48 |
| DOL | WisdomTree True Developed International Fund | 0.48 |
Frequently asked questions about AVAL correlations
- Which stocks are most correlated with AVAL?
- Based on one year of daily returns, the stocks most correlated with GRUPO AVAL ACCIONES Y VALORES S.A. (AVAL) are COLO (0.60), CIB (0.51) and PTEU (0.48). 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 AVAL?
- Over the past year, the stocks most inversely correlated with GRUPO AVAL ACCIONES Y VALORES S.A. (AVAL) are EFZ (-0.46), EFU (-0.45) and EPV (-0.44). 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 AVAL correlations calculated?
- We compute the correlation of daily returns between AVAL 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.