Corteva, Inc. Common Stock (CTVA) — Stock Correlations & Overview
Over the past year, CTVA has moved most closely with KROP, FTAG, VEGI. Explore the stocks most correlated and inversely correlated with CTVA below, along with its price, financials, and company profile.
Stocks correlated with CTVA
Correlation of daily returns. Higher positive values move with CTVA; negative values move opposite it. Informational only, not investment advice.
Most correlated with CTVA
| Symbol | Company | Correlation |
|---|---|---|
| KROP | Global X AgTech & Food Innovation ETF | 0.59 |
| FTAG | First Trust Exchange-Traded Fund II First Trust Indxx Global Agriculture ETF | 0.58 |
| VEGI | iShares MSCI Agriculture Producers ETF | 0.58 |
| MOO | VanEck Agribusiness ETF | 0.56 |
| NTR | Nutrien Ltd. Common Shares | 0.47 |
Most inversely correlated with CTVA
| Symbol | Company | Correlation |
|---|---|---|
| SMN | ProShares UltraShort Materials | -0.43 |
| FCUV | Focus Universal Inc. Common StockINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | -0.33 |
| TCX | Tucows, IncSERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.24 |
| SZK | ProShares UltraShort Consumer Staples | -0.22 |
| DUG | ProShares UltraShort Energy | -0.20 |
Frequently asked questions about CTVA correlations
- Which stocks are most correlated with CTVA?
- Based on one year of daily returns, the stocks most correlated with Corteva, Inc. Common Stock (CTVA) are KROP (0.59), FTAG (0.58) and VEGI (0.58). 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 CTVA?
- Over the past year, the stocks most inversely correlated with Corteva, Inc. Common Stock (CTVA) are SMN (-0.43), FCUV (-0.33) and TCX (-0.24). 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 CTVA correlations calculated?
- We compute the correlation of daily returns between CTVA 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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