Darden Restaurants, Inc. (DRI) — Stock Correlations & Overview
Over the past year, DRI has moved most closely with CAKE, TXRH, DIN. Explore the stocks most correlated and inversely correlated with DRI below, along with its price, financials, and company profile.
Stocks correlated with DRI
Correlation of daily returns. Higher positive values move with DRI; negative values move opposite it. Informational only, not investment advice.
Most correlated with DRI
| Symbol | Company | Correlation |
|---|---|---|
| CAKE | Cheesecake Factory (The)RETAIL-EATING PLACES | 0.57 |
| TXRH | Texas Roadhouse, Inc.RETAIL-EATING PLACES | 0.56 |
| DIN | Dine Brands Global, Inc.RETAIL-EATING PLACES | 0.48 |
| EAT | Brinker International, Inc.RETAIL-EATING PLACES | 0.48 |
| CBRL | Cracker Barrel Old Country Store, Inc,.RETAIL-EATING PLACES | 0.46 |
Most inversely correlated with DRI
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.48 |
| SZK | ProShares UltraShort Consumer Staples | -0.33 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.33 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.30 |
| REK | ProShares Short Real Estate | -0.28 |
Frequently asked questions about DRI correlations
- Which stocks are most correlated with DRI?
- Based on one year of daily returns, the stocks most correlated with Darden Restaurants, Inc. (DRI) are CAKE (0.57), TXRH (0.56) and DIN (0.48). 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 DRI?
- Over the past year, the stocks most inversely correlated with Darden Restaurants, Inc. (DRI) are EMTY (-0.48), SZK (-0.33) and JETD (-0.33). 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 DRI correlations calculated?
- We compute the correlation of daily returns between DRI 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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