Casey's General Stores Inc (CASY) — Stock Correlations & Overview
Over the past year, CASY has moved most closely with MUSA, DSY, PSL. Explore the stocks most correlated and inversely correlated with CASY below, along with its price, financials, and company profile.
Stocks correlated with CASY
Correlation of daily returns. Higher positive values move with CASY; negative values move opposite it. Informational only, not investment advice.
Most correlated with CASY
| Symbol | Company | Correlation |
|---|---|---|
| MUSA | MURPHY USA INC.RETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.48 |
| DSY | Big Tree Cloud Holdings Limited Class A Ordinary Shares | 0.42 |
| PSL | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Consumer Staples Momentum ETF | 0.42 |
| VDC | Vanguard Consumer Staples ETF | 0.32 |
| EASY | Liberty One Defensive Dividend Growth ETF | 0.32 |
Most inversely correlated with CASY
| Symbol | Company | Correlation |
|---|---|---|
| SZK | ProShares UltraShort Consumer Staples | -0.30 |
| AERT | Aeries Technology, Inc. Class A Ordinary ShareSERVICES-MANAGEMENT CONSULTING SERVICES | -0.25 |
| CRMT | America's Car Mart IncRETAIL-AUTO DEALERS & GASOLINE STATIONS | -0.25 |
| KREFpA | KKR Real Estate Finance Trust Inc. 6.50% Series A Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.23 |
| SMCX | Defiance Daily Target 2X Long SMCI ETF | -0.18 |
Frequently asked questions about CASY correlations
- Which stocks are most correlated with CASY?
- Based on one year of daily returns, the stocks most correlated with Casey's General Stores Inc (CASY) are MUSA (0.48), DSY (0.42) and PSL (0.42). 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 CASY?
- Over the past year, the stocks most inversely correlated with Casey's General Stores Inc (CASY) are SZK (-0.30), AERT (-0.25) and CRMT (-0.25). 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 CASY correlations calculated?
- We compute the correlation of daily returns between CASY 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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