Which stocks are most correlated with BZH?

Based on one year of daily returns, the stocks most correlated with Beazer Homes USA, Inc. New (BZH) are CCS (0.57), LGIH (0.56) and XHB (0.55). 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 BZH?

Over the past year, the stocks most inversely correlated with Beazer Homes USA, Inc. New (BZH) are HAO (-0.46), SMN (-0.42) and SBB (-0.41). A negative correlation means the two stocks have tended to move in opposite directions.

Beazer Homes USA, Inc. New (BZH) — Stock Correlations & Overview

Over the past year, BZH has moved most closely with CCS, LGIH, XHB. Explore the stocks most correlated and inversely correlated with BZH below, along with its price, financials, and company profile.

Stocks correlated with BZH

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

Most correlated with BZH

Symbol	Company	Correlation
CCS	CENTURY COMMUNITIES, INC.OPERATIVE BUILDERS	0.57
LGIH	LGI Homes, Inc.OPERATIVE BUILDERS	0.56
XHB	State Street SPDR S&P Homebuilders ETF	0.55
HOV	Hovnanian Enterprises, Inc. Class AOPERATIVE BUILDERS	0.53
NAIL	Direxion Daily Homebuilders & Supplies Bull 3X ETF	0.53

Most inversely correlated with BZH

Symbol	Company	Correlation
HAO	Haoxi Health Technology Limited Class A Ordinary Shares	-0.46
SMN	ProShares UltraShort Materials	-0.42
SBB	ProShares Short SmallCap600	-0.41
SDD	ProShares UltraShort SmallCap600	-0.40
SMDD	ProShares UltraPro Short MidCap400	-0.40

Frequently asked questions about BZH correlations

Which stocks are most correlated with BZH?: Based on one year of daily returns, the stocks most correlated with Beazer Homes USA, Inc. New (BZH) are CCS (0.57), LGIH (0.56) and XHB (0.55). 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 BZH?: Over the past year, the stocks most inversely correlated with Beazer Homes USA, Inc. New (BZH) are HAO (-0.46), SMN (-0.42) and SBB (-0.41). 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 BZH correlations calculated?: We compute the correlation of daily returns between BZH 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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