CF Industries Holding, Inc. (CF) — Stock Correlations & Overview
Over the past year, CF has moved most closely with NTR, IPI, DBE. Explore the stocks most correlated and inversely correlated with CF below, along with its price, financials, and company profile.
Stocks correlated with CF
Correlation of daily returns. Higher positive values move with CF; negative values move opposite it. Informational only, not investment advice.
Most correlated with CF
| Symbol | Company | Correlation |
|---|---|---|
| NTR | Nutrien Ltd. Common Shares | 0.69 |
| IPI | Intrepid Potash, IncMINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) | 0.67 |
| DBE | Invesco DB Energy FundCOMMODITY CONTRACTS BROKERS & DEALERS | 0.64 |
| USL | United States 12 Month Oil Fund, LPCOMMODITY CONTRACTS BROKERS & DEALERS | 0.64 |
| DCMT | DoubleLine Commodity Strategy ETF | 0.64 |
Most inversely correlated with CF
| Symbol | Company | Correlation |
|---|---|---|
| SCO | ProShares UltraShort Bloomberg Crude OilCOMMODITY CONTRACTS BROKERS & DEALERS | -0.62 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.62 |
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.61 |
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.60 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.57 |
Frequently asked questions about CF correlations
- Which stocks are most correlated with CF?
- Based on one year of daily returns, the stocks most correlated with CF Industries Holding, Inc. (CF) are NTR (0.69), IPI (0.67) and DBE (0.64). 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 CF?
- Over the past year, the stocks most inversely correlated with CF Industries Holding, Inc. (CF) are SCO (-0.62), WTID (-0.62) and NRGD (-0.61). 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 CF correlations calculated?
- We compute the correlation of daily returns between CF 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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