Corvel Corp (CRVL) — Stock Correlations & Overview
Over the past year, CRVL has moved most closely with EXLS, MAMO, RELX. Explore the stocks most correlated and inversely correlated with CRVL below, along with its price, financials, and company profile.
Stocks correlated with CRVL
Correlation of daily returns. Higher positive values move with CRVL; negative values move opposite it. Informational only, not investment advice.
Most correlated with CRVL
| Symbol | Company | Correlation |
|---|---|---|
| EXLS | ExlService Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.54 |
| MAMO | Massimo Group Common StockMISCELLANEOUS TRANSPORTATION EQUIPMENT | 0.51 |
| RELX | RELX PLC | 0.50 |
| PYPG | Leverage Shares 2X Long PYPL Daily ETF | 0.49 |
| SSNC | SS&C Technologies IncSERVICES-PREPACKAGED SOFTWARE | 0.48 |
Most inversely correlated with CRVL
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.32 |
| LIMN | Liminatus Pharma, Inc. Class A Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.31 |
| DVA | DaVita Inc.SERVICES-MISC HEALTH & ALLIED SERVICES, NEC | -0.31 |
| TER | Teradyne, Inc. Common StockINSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS | -0.29 |
| DNN | Denison Mines Corp | -0.27 |
Frequently asked questions about CRVL correlations
- Which stocks are most correlated with CRVL?
- Based on one year of daily returns, the stocks most correlated with Corvel Corp (CRVL) are EXLS (0.54), MAMO (0.51) and RELX (0.50). 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 CRVL?
- Over the past year, the stocks most inversely correlated with Corvel Corp (CRVL) are HDGE (-0.32), LIMN (-0.31) and DVA (-0.31). 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 CRVL correlations calculated?
- We compute the correlation of daily returns between CRVL 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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