DaVita Inc. (DVA) — Stock Correlations & Overview
Over the past year, DVA has moved most closely with BV, BALL, TBLA. Explore the stocks most correlated and inversely correlated with DVA below, along with its price, financials, and company profile.
Stocks correlated with DVA
Correlation of daily returns. Higher positive values move with DVA; negative values move opposite it. Informational only, not investment advice.
Most correlated with DVA
| Symbol | Company | Correlation |
|---|---|---|
| BV | BrightView Holdings, Inc. Common Stock | 0.40 |
| BALL | Ball CorporationMETAL CANS | 0.40 |
| TBLA | Taboola.com Ltd. Ordinary SharesSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.39 |
| CVS | CVS HEALTH CORPORATIONRETAIL-DRUG STORES AND PROPRIETARY STORES | 0.39 |
| RCON | Recon Technology, Ltd. Class A Ordinary SharesOIL & GAS FIELD SERVICES, NEC | 0.38 |
Most inversely correlated with DVA
| Symbol | Company | Correlation |
|---|---|---|
| EZGO | EZGO Technologies Ltd. Ordinary Shares | -0.41 |
| MAMO | Massimo Group Common StockMISCELLANEOUS TRANSPORTATION EQUIPMENT | -0.38 |
| HCKT | Hackett Group Inc (The).SERVICES-MANAGEMENT CONSULTING SERVICES | -0.36 |
| PRIM | Primoris Services CorporationWATER, SEWER, PIPELINE, COMM & POWER LINE CONSTRUCTION | -0.35 |
| SMRT | SmartRent, Inc.SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | -0.35 |
Frequently asked questions about DVA correlations
- Which stocks are most correlated with DVA?
- Based on one year of daily returns, the stocks most correlated with DaVita Inc. (DVA) are BV (0.40), BALL (0.40) and TBLA (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 DVA?
- Over the past year, the stocks most inversely correlated with DaVita Inc. (DVA) are EZGO (-0.41), MAMO (-0.38) and HCKT (-0.36). 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 DVA correlations calculated?
- We compute the correlation of daily returns between DVA 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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