Which stocks are most correlated with DRCT?

Based on one year of daily returns, the stocks most correlated with Direct Digital Holdings, Inc. Class A Common Stock (DRCT) are ENGN (0.28), DV (0.27) and ESMV (0.24). 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 DRCT?

Over the past year, the stocks most inversely correlated with Direct Digital Holdings, Inc. Class A Common Stock (DRCT) are DURA (-0.28), UTL (-0.27) and PBYI (-0.25). A negative correlation means the two stocks have tended to move in opposite directions.

Direct Digital Holdings, Inc. Class A Common Stock (DRCT) — Stock Correlations & Overview

Over the past year, DRCT has moved most closely with ENGN, DV, ESMV. Explore the stocks most correlated and inversely correlated with DRCT below, along with its price, financials, and company profile.

Stocks correlated with DRCT

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

Most correlated with DRCT

Symbol	Company	Correlation
ENGN	enGene Therapeutics Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.28
DV	DoubleVerify Holdings, Inc.SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.	0.27
ESMV	iShares Trust iShares ESG Optimized MSCI USA Min Vol Factor ETF	0.24
DTSS	Datasea Intelligent Technology Ltd. Class A Ordinary Shares	0.24
TRDA	Entrada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.24

Most inversely correlated with DRCT

Symbol	Company	Correlation
DURA	VanEck Durable High Dividend ETF	-0.28
UTL	Unitil CorporationELECTRIC & OTHER SERVICES COMBINED	-0.27
PBYI	PUMA BIOTECHNOLOGY INCPHARMACEUTICAL PREPARATIONS	-0.25
NHI	National Health InvestorsREAL ESTATE INVESTMENT TRUSTS	-0.24
APT	Alpha Pro Tech, Ltd.ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES	-0.22

Frequently asked questions about DRCT correlations

Which stocks are most correlated with DRCT?: Based on one year of daily returns, the stocks most correlated with Direct Digital Holdings, Inc. Class A Common Stock (DRCT) are ENGN (0.28), DV (0.27) and ESMV (0.24). 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 DRCT?: Over the past year, the stocks most inversely correlated with Direct Digital Holdings, Inc. Class A Common Stock (DRCT) are DURA (-0.28), UTL (-0.27) and PBYI (-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 DRCT correlations calculated?: We compute the correlation of daily returns between DRCT 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.