The Chef's Warehouse Inc (CHEF) — Stock Correlations & Overview
Over the past year, CHEF has moved most closely with PSCC, PFGC, USFD. Explore the stocks most correlated and inversely correlated with CHEF below, along with its price, financials, and company profile.
Stocks correlated with CHEF
Correlation of daily returns. Higher positive values move with CHEF; negative values move opposite it. Informational only, not investment advice.
Most correlated with CHEF
| Symbol | Company | Correlation |
|---|---|---|
| PSCC | Invesco S&P SmallCap Consumer Staples ETFINVESTMENT ADVICE | 0.41 |
| PFGC | Performance Food Group CompanyWHOLESALE-GROCERIES, GENERAL LINE | 0.39 |
| USFD | US Foods Holding Corp.WHOLESALE-GROCERIES & RELATED PRODUCTS | 0.39 |
| PRG | PROG Holdings, Inc.SERVICES-EQUIPMENT RENTAL & LEASING, NEC | 0.39 |
| SBUX | Starbucks CorpRETAIL-EATING & DRINKING PLACES | 0.36 |
Most inversely correlated with CHEF
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.23 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.23 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.22 |
| LEXX | Lexaria Bioscience Corp. Common StockPHARMACEUTICAL PREPARATIONS | -0.22 |
| TMDE | TMD Energy Limited | -0.21 |
Frequently asked questions about CHEF correlations
- Which stocks are most correlated with CHEF?
- Based on one year of daily returns, the stocks most correlated with The Chef's Warehouse Inc (CHEF) are PSCC (0.41), PFGC (0.39) and USFD (0.39). 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 CHEF?
- Over the past year, the stocks most inversely correlated with The Chef's Warehouse Inc (CHEF) are FLYD (-0.23), EMTY (-0.23) and JETD (-0.22). 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 CHEF correlations calculated?
- We compute the correlation of daily returns between CHEF 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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