Peabody Energy Corporation (BTU) — Stock Correlations & Overview
Over the past year, BTU has moved most closely with CNR, COAL, AMR. Explore the stocks most correlated and inversely correlated with BTU below, along with its price, financials, and company profile.
Stocks correlated with BTU
Correlation of daily returns. Higher positive values move with BTU; negative values move opposite it. Informational only, not investment advice.
Most correlated with BTU
| Symbol | Company | Correlation |
|---|---|---|
| CNR | Core Natural Resources, Inc.BITUMINOUS COAL & LIGNITE MINING | 0.79 |
| COAL | Range Global Coal Index ETF | 0.75 |
| AMR | Alpha Metallurgical Resources, Inc.BITUMINOUS COAL & LIGNITE SURFACE MINING | 0.69 |
| HCC | Warrior Met Coal, Inc.BITUMINOUS COAL & LIGNITE MINING | 0.63 |
| METC | Ramaco Resources, Inc. Class A Common StockBITUMINOUS COAL & LIGNITE MINING | 0.55 |
Most inversely correlated with BTU
| Symbol | Company | Correlation |
|---|---|---|
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.30 |
| THG | The Hanover Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE | -0.28 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.26 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.25 |
| MYMK | SSGA Active Trust State Street My2031 Municipal Bond ETF | -0.24 |
Frequently asked questions about BTU correlations
- Which stocks are most correlated with BTU?
- Based on one year of daily returns, the stocks most correlated with Peabody Energy Corporation (BTU) are CNR (0.79), COAL (0.75) and AMR (0.69). 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 BTU?
- Over the past year, the stocks most inversely correlated with Peabody Energy Corporation (BTU) are DRIP (-0.30), THG (-0.28) and RGTZ (-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 BTU correlations calculated?
- We compute the correlation of daily returns between BTU 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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