Destination XL Group, Inc. Common Stock (DXLG) — Stock Correlations & Overview
Over the past year, DXLG has moved most closely with AESR, TY, NMAX. Explore the stocks most correlated and inversely correlated with DXLG below, along with its price, financials, and company profile.
Stocks correlated with DXLG
Correlation of daily returns. Higher positive values move with DXLG; negative values move opposite it. Informational only, not investment advice.
Most correlated with DXLG
| Symbol | Company | Correlation |
|---|---|---|
| AESR | Anfield U.S. Equity Sector Rotation ETF | 0.36 |
| TY | TRI-Continental Corporation | 0.34 |
| NMAX | Newsmax, Inc.TELEVISION BROADCASTING STATIONS | 0.32 |
| ARBK | Argo Blockchain plc American Depositary Shares | 0.32 |
| PETS | PetMed Express, Inc.RETAIL-DRUG STORES AND PROPRIETARY STORES | 0.30 |
Frequently asked questions about DXLG correlations
- Which stocks are most correlated with DXLG?
- Based on one year of daily returns, the stocks most correlated with Destination XL Group, Inc. Common Stock (DXLG) are AESR (0.36), TY (0.34) and NMAX (0.32). 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 DXLG?
- Over the past year, the stocks most inversely correlated with Destination XL Group, Inc. Common Stock (DXLG) are RZLT (-0.42), DXD (-0.27) and DOG (-0.27). 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 DXLG correlations calculated?
- We compute the correlation of daily returns between DXLG 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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