CAVA Group, Inc. (CAVA) — Stock Correlations & Overview

Over the past year, CAVA has moved most closely with SG, BROS, CMG. Explore the stocks most correlated and inversely correlated with CAVA below, along with its price, financials, and company profile.

Stocks correlated with CAVA

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

Most correlated with CAVA

SymbolCompanyCorrelation
SGSweetgreen, Inc.RETAIL-EATING PLACES0.55
BROSDutch Bros Inc.RETAIL-EATING & DRINKING PLACES0.52
CMGChipotle Mexican Grill, Inc.RETAIL-EATING PLACES0.52
WCEOHypatia Women CEO ETF0.43
PEZInvesco Exchange-Traded Fund Trust Invesco Dorsey Wright Consumer Cyclicals Momentum ETF0.43

Most inversely correlated with CAVA

SymbolCompanyCorrelation
SBBProShares Short SmallCap600-0.40
SLTYYieldMax Ultra Short Option Income Strategy ETF-0.40
SDDProShares UltraShort SmallCap600-0.39
MZZProShares UltraShort MidCap400-0.38
SMDDProShares UltraPro Short MidCap400-0.38

Frequently asked questions about CAVA correlations

Which stocks are most correlated with CAVA?
Based on one year of daily returns, the stocks most correlated with CAVA Group, Inc. (CAVA) are SG (0.55), BROS (0.52) and CMG (0.52). 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 CAVA?
Over the past year, the stocks most inversely correlated with CAVA Group, Inc. (CAVA) are SBB (-0.40), SLTY (-0.40) and SDD (-0.39). 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 CAVA correlations calculated?
We compute the correlation of daily returns between CAVA 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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