Charles River Laboratories International, Inc. (CRL) — Stock Correlations & Overview

Over the past year, CRL has moved most closely with IQV, TMO, RVTY. Explore the stocks most correlated and inversely correlated with CRL below, along with its price, financials, and company profile.

Stocks correlated with CRL

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

Most correlated with CRL

SymbolCompanyCorrelation
IQVIQVIA Holdings Inc.SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH0.72
TMOThermo Fisher Scientific, Inc.MEASURING & CONTROLLING DEVICES, NEC0.67
RVTYRevvity, Inc.LABORATORY ANALYTICAL INSTRUMENTS0.65
RGENRepligen CorpBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)0.64
AAgilent Technologies Inc.LABORATORY ANALYTICAL INSTRUMENTS0.61

Most inversely correlated with CRL

SymbolCompanyCorrelation
RXDProShares UltraShort Health Care-0.47
BISProShares UltraShort NASDAQ Biotechnology-0.46
SMDDProShares UltraPro Short MidCap400-0.44
SBBProShares Short SmallCap600-0.43
MYYProShares Short MidCap400-0.43

Frequently asked questions about CRL correlations

Which stocks are most correlated with CRL?
Based on one year of daily returns, the stocks most correlated with Charles River Laboratories International, Inc. (CRL) are IQV (0.72), TMO (0.67) and RVTY (0.65). 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 CRL?
Over the past year, the stocks most inversely correlated with Charles River Laboratories International, Inc. (CRL) are RXD (-0.47), BIS (-0.46) and SMDD (-0.44). 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 CRL correlations calculated?
We compute the correlation of daily returns between CRL 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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