GrafTech International Ltd. (EAF) — Stock Correlations & Overview
Over the past year, EAF has moved most closely with STLA, RBBN, ASYS. Explore the stocks most correlated and inversely correlated with EAF below, along with its price, financials, and company profile.
Stocks correlated with EAF
Correlation of daily returns. Higher positive values move with EAF; negative values move opposite it. Informational only, not investment advice.
Most correlated with EAF
| Symbol | Company | Correlation |
|---|---|---|
| STLA | Stellantis N.V. | 0.47 |
| RBBN | Ribbon Communications Inc. Common StockSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.42 |
| ASYS | Amtech Systems IncSPECIAL INDUSTRY MACHINERY, NEC | 0.41 |
| HUBG | HUB Group IncARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO | 0.38 |
| PI | Impinj, Inc. Common StockELECTRONIC COMPONENTS, NEC | 0.37 |
Frequently asked questions about EAF correlations
- Which stocks are most correlated with EAF?
- Based on one year of daily returns, the stocks most correlated with GrafTech International Ltd. (EAF) are STLA (0.47), RBBN (0.42) and ASYS (0.41). 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 EAF?
- Over the past year, the stocks most inversely correlated with GrafTech International Ltd. (EAF) are TWM (-0.25), RWM (-0.25) and SRTY (-0.24). 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 EAF correlations calculated?
- We compute the correlation of daily returns between EAF 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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