BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM) — Stock Correlations & Overview
Over the past year, BFAM has moved most closely with RYAN, HCKT, ANGI. Explore the stocks most correlated and inversely correlated with BFAM below, along with its price, financials, and company profile.
Stocks correlated with BFAM
Correlation of daily returns. Higher positive values move with BFAM; negative values move opposite it. Informational only, not investment advice.
Most correlated with BFAM
| Symbol | Company | Correlation |
|---|---|---|
| RYAN | Ryan Specialty Holdings, Inc.INSURANCE AGENTS, BROKERS & SERVICE | 0.55 |
| HCKT | Hackett Group Inc (The).SERVICES-MANAGEMENT CONSULTING SERVICES | 0.50 |
| ANGI | Angi Inc. Class A Common StockSERVICES-ADVERTISING | 0.47 |
| KVYO | Klaviyo, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.46 |
| TSLX | Sixth Street Specialty Lending, Inc. | 0.45 |
Most inversely correlated with BFAM
| Symbol | Company | Correlation |
|---|---|---|
| FLEX | Flex Ltd. Ordinary SharesPRINTED CIRCUIT BOARDS | -0.46 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.35 |
| MPWR | Monolithic Power Systems, Inc.SEMICONDUCTORS & RELATED DEVICES | -0.34 |
| VECO | Veeco Instruments IncSPECIAL INDUSTRY MACHINERY, NEC | -0.34 |
| ACLS | Axcelis Technologies IncSPECIAL INDUSTRY MACHINERY, NEC | -0.34 |
Frequently asked questions about BFAM correlations
- Which stocks are most correlated with BFAM?
- Based on one year of daily returns, the stocks most correlated with BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM) are RYAN (0.55), HCKT (0.50) and ANGI (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 BFAM?
- Over the past year, the stocks most inversely correlated with BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM) are FLEX (-0.46), DWSH (-0.35) and MPWR (-0.34). 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 BFAM correlations calculated?
- We compute the correlation of daily returns between BFAM 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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