Which stocks are most correlated with CXW?

Based on one year of daily returns, the stocks most correlated with CoreCivic, Inc. (CXW) are GEO (0.75), DNOW (0.39) and ACFN (0.33). 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 CXW?

Over the past year, the stocks most inversely correlated with CoreCivic, Inc. (CXW) are SDD (-0.26), SBB (-0.25) and TWM (-0.25). A negative correlation means the two stocks have tended to move in opposite directions.

CoreCivic, Inc. (CXW) — Stock Correlations & Overview

Over the past year, CXW has moved most closely with GEO, DNOW, ACFN. Explore the stocks most correlated and inversely correlated with CXW below, along with its price, financials, and company profile.

Stocks correlated with CXW

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

Most correlated with CXW

Symbol	Company	Correlation
GEO	The GEO Group, Inc.GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS	0.75
DNOW	DNOW Inc.OIL & GAS FIELD MACHINERY & EQUIPMENT	0.39
ACFN	Acorn Energy, Inc. Common StockSERVICES-ENGINEERING SERVICES	0.33
GRAL	GRAIL, Inc. Common StockSERVICES-MEDICAL LABORATORIES	0.32
VAC	MARRIOTT VACATIONS WORLDWIDE CORPORATIONREAL ESTATE AGENTS & MANAGERS (FOR OTHERS)	0.31

Most inversely correlated with CXW

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.26
SBB	ProShares Short SmallCap600	-0.25
TWM	ProShares UltraShort Russell2000	-0.25
SRTY	ProShares UltraPro Short Russell2000	-0.25
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.24

Frequently asked questions about CXW correlations

Which stocks are most correlated with CXW?: Based on one year of daily returns, the stocks most correlated with CoreCivic, Inc. (CXW) are GEO (0.75), DNOW (0.39) and ACFN (0.33). 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 CXW?: Over the past year, the stocks most inversely correlated with CoreCivic, Inc. (CXW) are SDD (-0.26), SBB (-0.25) and TWM (-0.25). 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 CXW correlations calculated?: We compute the correlation of daily returns between CXW 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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