Clarivate Plc (CLVT) — Stock Correlations & Overview
Over the past year, CLVT has moved most closely with TRI, INVN, VERX. Explore the stocks most correlated and inversely correlated with CLVT below, along with its price, financials, and company profile.
Stocks correlated with CLVT
Correlation of daily returns. Higher positive values move with CLVT; negative values move opposite it. Informational only, not investment advice.
Most correlated with CLVT
| Symbol | Company | Correlation |
|---|---|---|
| TRI | Thomson Reuters Corporation Common Shares | 0.57 |
| INVN | Alger Russell Innovation ETF | 0.55 |
| VERX | Vertex, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.53 |
| EFX | Equifax, IncorporatedSERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES | 0.51 |
| FDS | Factset Research SystemsSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.51 |
Most inversely correlated with CLVT
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.43 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.40 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.35 |
| BOOM | DMC Global Inc. Common StockMISCELLANEOUS PRIMARY METAL PRODUCTS | -0.33 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.31 |
Frequently asked questions about CLVT correlations
- Which stocks are most correlated with CLVT?
- Based on one year of daily returns, the stocks most correlated with Clarivate Plc (CLVT) are TRI (0.57), INVN (0.55) and VERX (0.53). 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 CLVT?
- Over the past year, the stocks most inversely correlated with Clarivate Plc (CLVT) are HDGE (-0.43), DWSH (-0.40) and WEBS (-0.35). 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 CLVT correlations calculated?
- We compute the correlation of daily returns between CLVT 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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