Which stocks are most correlated with DSGR?

Based on one year of daily returns, the stocks most correlated with Distribution Solutions Group, Inc. Common Stock (DSGR) are OFLX (0.50), OSCV (0.41) and SMLV (0.39). 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 DSGR?

Over the past year, the stocks most inversely correlated with Distribution Solutions Group, Inc. Common Stock (DSGR) are SDD (-0.34), SBB (-0.33) and GBR (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

Distribution Solutions Group, Inc. Common Stock (DSGR) — Stock Correlations & Overview

Over the past year, DSGR has moved most closely with OFLX, OSCV, SMLV. Explore the stocks most correlated and inversely correlated with DSGR below, along with its price, financials, and company profile.

Stocks correlated with DSGR

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

Most correlated with DSGR

Symbol	Company	Correlation
OFLX	Omega Flex, Inc.HEATING EQUIP, EXCEPT ELEC & WARM AIR; & PLUMBING FIXTURES	0.50
OSCV	Opus Small Cap Value ETF	0.41
SMLV	State Street SPDR US Small Cap Low Volatility Index ETF	0.39
GWRS	Global Water Resources, Inc.WATER SUPPLY	0.39
SMDV	ProShares Russell 2000 Dividend Growers ETF	0.38

Most inversely correlated with DSGR

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.34
SBB	ProShares Short SmallCap600	-0.33
GBR	New Concept Energy IncCRUDE PETROLEUM & NATURAL GAS	-0.31
EFU	ProShares Trust UltraShort MSCI EAFE	-0.31
SIJ	ProShares UltraShort Industrials	-0.31

Frequently asked questions about DSGR correlations

Which stocks are most correlated with DSGR?: Based on one year of daily returns, the stocks most correlated with Distribution Solutions Group, Inc. Common Stock (DSGR) are OFLX (0.50), OSCV (0.41) and SMLV (0.39). 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 DSGR?: Over the past year, the stocks most inversely correlated with Distribution Solutions Group, Inc. Common Stock (DSGR) are SDD (-0.34), SBB (-0.33) and GBR (-0.31). 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 DSGR correlations calculated?: We compute the correlation of daily returns between DSGR 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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