Core Natural Resources, Inc. (CNR) — Stock Correlations & Overview
Over the past year, CNR has moved most closely with BTU, COAL, HCC. Explore the stocks most correlated and inversely correlated with CNR below, along with its price, financials, and company profile.
Stocks correlated with CNR
Correlation of daily returns. Higher positive values move with CNR; negative values move opposite it. Informational only, not investment advice.
Most correlated with CNR
| Symbol | Company | Correlation |
|---|---|---|
| BTU | Peabody Energy CorporationBITUMINOUS COAL & LIGNITE SURFACE MINING | 0.79 |
| COAL | Range Global Coal Index ETF | 0.75 |
| HCC | Warrior Met Coal, Inc.BITUMINOUS COAL & LIGNITE MINING | 0.73 |
| AMR | Alpha Metallurgical Resources, Inc.BITUMINOUS COAL & LIGNITE SURFACE MINING | 0.69 |
| PSCE | Invesco S&P SmallCap Energy ETFINVESTMENT ADVICE | 0.51 |
Most inversely correlated with CNR
| Symbol | Company | Correlation |
|---|---|---|
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.37 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.32 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.32 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.31 |
| DUG | ProShares UltraShort Energy | -0.31 |
Frequently asked questions about CNR correlations
- Which stocks are most correlated with CNR?
- Based on one year of daily returns, the stocks most correlated with Core Natural Resources, Inc. (CNR) are BTU (0.79), COAL (0.75) and HCC (0.73). 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 CNR?
- Over the past year, the stocks most inversely correlated with Core Natural Resources, Inc. (CNR) are DRIP (-0.37), WTID (-0.32) and OILD (-0.32). 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 CNR correlations calculated?
- We compute the correlation of daily returns between CNR 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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