Which stocks are most correlated with AXR?

Based on one year of daily returns, the stocks most correlated with AMREP Corporation (AXR) are DSGR (0.32), NDMO (0.32) and SEA (0.31). 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 AXR?

Over the past year, the stocks most inversely correlated with AMREP Corporation (AXR) are SDD (-0.27), TZA (-0.26) and MZZ (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.

AMREP Corporation (AXR) — Stock Correlations & Overview

Over the past year, AXR has moved most closely with DSGR, NDMO, SEA. Explore the stocks most correlated and inversely correlated with AXR below, along with its price, financials, and company profile.

Stocks correlated with AXR

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

Most correlated with AXR

Symbol	Company	Correlation
DSGR	Distribution Solutions Group, Inc. Common StockWHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES	0.32
NDMO	Nuveen Dynamic Municipal Opportunities Fund Common Shares of Beneficial Interest	0.32
SEA	U.S. Global Sea to Sky Cargo ETF	0.31
FPE	First Trust Preferred Securities and Income ETF	0.31
CDLX	Cardlytics, Inc. Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.	0.31

Most inversely correlated with AXR

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.27
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.26
MZZ	ProShares UltraShort MidCap400	-0.26
SRTY	ProShares UltraPro Short Russell2000	-0.25
TWM	ProShares UltraShort Russell2000	-0.25

Frequently asked questions about AXR correlations

Which stocks are most correlated with AXR?: Based on one year of daily returns, the stocks most correlated with AMREP Corporation (AXR) are DSGR (0.32), NDMO (0.32) and SEA (0.31). 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 AXR?: Over the past year, the stocks most inversely correlated with AMREP Corporation (AXR) are SDD (-0.27), TZA (-0.26) and MZZ (-0.26). 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 AXR correlations calculated?: We compute the correlation of daily returns between AXR 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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