Which stocks are most correlated with COCO?

Based on one year of daily returns, the stocks most correlated with The Vita Coco Company, Inc. Common Stock (COCO) are RDAC (0.44), CHEF (0.31) and SIMO (0.30). 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 COCO?

Over the past year, the stocks most inversely correlated with The Vita Coco Company, Inc. Common Stock (COCO) are GIB (-0.27), MKL (-0.25) and QUAD (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

The Vita Coco Company, Inc. Common Stock (COCO) — Stock Correlations & Overview

Over the past year, COCO has moved most closely with RDAC, CHEF, SIMO. Explore the stocks most correlated and inversely correlated with COCO below, along with its price, financials, and company profile.

Stocks correlated with COCO

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

Most correlated with COCO

Symbol	Company	Correlation
RDAC	Rising Dragon Acquisition Corp. Ordinary SharesBLANK CHECKS	0.44
CHEF	The Chef's Warehouse IncWHOLESALE-GROCERIES, GENERAL LINE	0.31
SIMO	Silicon Motion Technology Corporation	0.30
SBUX	Starbucks CorpRETAIL-EATING & DRINKING PLACES	0.29
LJUL	Innovator Premium Income 15 Buffer ETF - July	0.29

Most inversely correlated with COCO

Symbol	Company	Correlation
GIB	CGI Inc.	-0.27
MKL	Markel Group Inc.FIRE, MARINE & CASUALTY INSURANCE	-0.25
QUAD	QUAD/GRAPHICS, INC.COMMERCIAL PRINTING	-0.23
PODD	Insulet CorporationSURGICAL & MEDICAL INSTRUMENTS & APPARATUS	-0.22
SPFI	South Plains Financial, Inc. Common StockSTATE COMMERCIAL BANKS	-0.21

Frequently asked questions about COCO correlations

Which stocks are most correlated with COCO?: Based on one year of daily returns, the stocks most correlated with The Vita Coco Company, Inc. Common Stock (COCO) are RDAC (0.44), CHEF (0.31) and SIMO (0.30). 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 COCO?: Over the past year, the stocks most inversely correlated with The Vita Coco Company, Inc. Common Stock (COCO) are GIB (-0.27), MKL (-0.25) and QUAD (-0.23). 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 COCO correlations calculated?: We compute the correlation of daily returns between COCO 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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