Compass, Inc. (COMP) — Stock Correlations & Overview
Over the past year, COMP has moved most closely with FLYU, RKT, JETS. Explore the stocks most correlated and inversely correlated with COMP below, along with its price, financials, and company profile.
Stocks correlated with COMP
Correlation of daily returns. Higher positive values move with COMP; negative values move opposite it. Informational only, not investment advice.
Most correlated with COMP
| Symbol | Company | Correlation |
|---|---|---|
| FLYU | MicroSectors Travel 3x Leveraged ETNCOMMERCIAL BANKS, NEC | 0.56 |
| RKT | Rocket Companies, Inc.MORTGAGE BANKERS & LOAN CORRESPONDENTS | 0.56 |
| JETS | U.S. Global Jets ETF | 0.55 |
| ZG | ZILLOW GROUP INC CLASS ASERVICES-BUSINESS SERVICES, NEC | 0.55 |
| HOMZ | Hoya Capital Housing ETF | 0.54 |
Most inversely correlated with COMP
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.57 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.53 |
| MZZ | ProShares UltraShort MidCap400 | -0.48 |
| SDOW | ProShares UltraPro Short Dow 30 | -0.48 |
| SMDD | ProShares UltraPro Short MidCap400 | -0.48 |
Frequently asked questions about COMP correlations
- Which stocks are most correlated with COMP?
- Based on one year of daily returns, the stocks most correlated with Compass, Inc. (COMP) are FLYU (0.56), RKT (0.56) and JETS (0.55). 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 COMP?
- Over the past year, the stocks most inversely correlated with Compass, Inc. (COMP) are FLYD (-0.57), JETD (-0.53) and MZZ (-0.48). 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 COMP correlations calculated?
- We compute the correlation of daily returns between COMP 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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