Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) — Stock Correlations & Overview
Over the past year, BATRA has moved most closely with BATRK, RDOG, PEJ. Explore the stocks most correlated and inversely correlated with BATRA below, along with its price, financials, and company profile.
Stocks correlated with BATRA
Correlation of daily returns. Higher positive values move with BATRA; negative values move opposite it. Informational only, not investment advice.
Most correlated with BATRA
| Symbol | Company | Correlation |
|---|---|---|
| BATRK | Atlanta Braves Holdings, Inc. Series C Common StockSERVICES-AMUSEMENT & RECREATION SERVICES | 0.89 |
| RDOG | ALPS REIT Dividend Dogs ETF | 0.47 |
| PEJ | Invesco Leisure and Entertainment ETF | 0.47 |
| RIET | Hoya Capital High Dividend Yield ETF | 0.46 |
| KBWY | Invesco KBW Premium Yield Equity REIT ETF | 0.45 |
Most inversely correlated with BATRA
| Symbol | Company | Correlation |
|---|---|---|
| DRV | Direxion Daily Real Estate Bear 3X ETF | -0.40 |
| SRS | ProShares UltraShort Real Estate | -0.40 |
| REK | ProShares Short Real Estate | -0.39 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.36 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.35 |
Frequently asked questions about BATRA correlations
- Which stocks are most correlated with BATRA?
- Based on one year of daily returns, the stocks most correlated with Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) are BATRK (0.89), RDOG (0.47) and PEJ (0.47). 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 BATRA?
- Over the past year, the stocks most inversely correlated with Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) are DRV (-0.40), SRS (-0.40) and REK (-0.39). 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 BATRA correlations calculated?
- We compute the correlation of daily returns between BATRA 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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