Which stocks are most correlated with BLCO?

Based on one year of daily returns, the stocks most correlated with Bausch + Lomb Corporation (BLCO) are PSCH (0.62), FXH (0.59) and AGNG (0.58). 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 BLCO?

Over the past year, the stocks most inversely correlated with Bausch + Lomb Corporation (BLCO) are SDD (-0.52), DXD (-0.52) and SDOW (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.

Bausch + Lomb Corporation (BLCO) — Stock Correlations & Overview

Over the past year, BLCO has moved most closely with PSCH, FXH, AGNG. Explore the stocks most correlated and inversely correlated with BLCO below, along with its price, financials, and company profile.

Stocks correlated with BLCO

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

Most correlated with BLCO

Symbol	Company	Correlation
PSCH	Invesco S&P SmallCap Health Care ETFINVESTMENT ADVICE	0.62
FXH	First Trust Health Care AlphaDEX Fund	0.59
AGNG	Global X Funds Global X Aging Population ETF	0.58
XHE	State Street SPDR S&P Health Care Equipment ETF	0.57
MDEV	First Trust Indxx Medical Devices ETF	0.56

Most inversely correlated with BLCO

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.52
DXD	ProShares UltraShort Dow 30	-0.52
SDOW	ProShares UltraPro Short Dow 30	-0.52
SBB	ProShares Short SmallCap600	-0.52
DOG	ProShares Short Dow30	-0.52

Frequently asked questions about BLCO correlations

Which stocks are most correlated with BLCO?: Based on one year of daily returns, the stocks most correlated with Bausch + Lomb Corporation (BLCO) are PSCH (0.62), FXH (0.59) and AGNG (0.58). 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 BLCO?: Over the past year, the stocks most inversely correlated with Bausch + Lomb Corporation (BLCO) are SDD (-0.52), DXD (-0.52) and SDOW (-0.52). 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 BLCO correlations calculated?: We compute the correlation of daily returns between BLCO 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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