Which stocks are most correlated with CSTE?

Based on one year of daily returns, the stocks most correlated with Caesarstone Ltd. (CSTE) are ACNT (0.31), SYM (0.31) and HRZN (0.27). 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 CSTE?

Over the past year, the stocks most inversely correlated with Caesarstone Ltd. (CSTE) are AIFF (-0.32), CALM (-0.23) and RWM (-0.22). A negative correlation means the two stocks have tended to move in opposite directions.

Caesarstone Ltd. (CSTE) — Stock Correlations & Overview

Over the past year, CSTE has moved most closely with ACNT, SYM, HRZN. Explore the stocks most correlated and inversely correlated with CSTE below, along with its price, financials, and company profile.

Stocks correlated with CSTE

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

Most correlated with CSTE

Symbol	Company	Correlation
ACNT	Ascent Industries Co. Common StockCHEMICALS & ALLIED PRODUCTS	0.31
SYM	Symbotic Inc. Class A Common StockGENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC	0.31
HRZN	Horizon Technology Finance Corporation	0.27
TBPH	Theravance Biopharma, Inc.PHARMACEUTICAL PREPARATIONS	0.27
FMQQ	FMQQ The Next Frontier Internet ETF	0.26

Most inversely correlated with CSTE

Symbol	Company	Correlation
AIFF	Firefly Neuroscience, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE	-0.32
CALM	Cal-Maine Foods Inc	-0.23
RWM	ProShares Short Russell2000	-0.22
SRTY	ProShares UltraPro Short Russell2000	-0.22
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.22

Frequently asked questions about CSTE correlations

Which stocks are most correlated with CSTE?: Based on one year of daily returns, the stocks most correlated with Caesarstone Ltd. (CSTE) are ACNT (0.31), SYM (0.31) and HRZN (0.27). 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 CSTE?: Over the past year, the stocks most inversely correlated with Caesarstone Ltd. (CSTE) are AIFF (-0.32), CALM (-0.23) and RWM (-0.22). 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 CSTE correlations calculated?: We compute the correlation of daily returns between CSTE 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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