BILL Holdings, Inc. (BILL) — Stock Correlations & Overview
Over the past year, BILL has moved most closely with INVN, XSW, OTEX. Explore the stocks most correlated and inversely correlated with BILL below, along with its price, financials, and company profile.
Stocks correlated with BILL
Correlation of daily returns. Higher positive values move with BILL; negative values move opposite it. Informational only, not investment advice.
Most correlated with BILL
| Symbol | Company | Correlation |
|---|---|---|
| INVN | Alger Russell Innovation ETF | 0.67 |
| XSW | State Street SPDR S&P Software & Services ETF | 0.65 |
| OTEX | Open Text CorpSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.64 |
| GEN | Gen Digital Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | 0.63 |
| WCLD | WisdomTree Cloud Computing Fund | 0.62 |
Most inversely correlated with BILL
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.51 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.47 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.43 |
| SMST | Tidal Trust II Defiance Daily Target 2x Short MSTR ETF | -0.43 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.42 |
Frequently asked questions about BILL correlations
- Which stocks are most correlated with BILL?
- Based on one year of daily returns, the stocks most correlated with BILL Holdings, Inc. (BILL) are INVN (0.67), XSW (0.65) and OTEX (0.64). 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 BILL?
- Over the past year, the stocks most inversely correlated with BILL Holdings, Inc. (BILL) are HDGE (-0.51), WEBS (-0.47) and MSTZ (-0.43). 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 BILL correlations calculated?
- We compute the correlation of daily returns between BILL 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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