Excelerate Energy, Inc. (EE) — Stock Correlations & Overview
Over the past year, EE has moved most closely with USNG, EIPX, KMI. Explore the stocks most correlated and inversely correlated with EE below, along with its price, financials, and company profile.
Stocks correlated with EE
Correlation of daily returns. Higher positive values move with EE; negative values move opposite it. Informational only, not investment advice.
Most correlated with EE
| Symbol | Company | Correlation |
|---|---|---|
| USNG | Amplify Samsung U.S. Natural Gas Infrastructure ETF | 0.50 |
| EIPX | FT Energy Income Partners Strategy ETF | 0.45 |
| KMI | Kinder Morgan, Inc.NATURAL GAS TRANSMISSION | 0.45 |
| NBET | Neuberger Energy Transition & Infrastructure ETF | 0.44 |
| TPYP | Tortoise North American Pipeline ETF | 0.44 |
Most inversely correlated with EE
| Symbol | Company | Correlation |
|---|---|---|
| DUG | ProShares UltraShort Energy | -0.31 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.31 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.31 |
| BZQ | ProShares UltraShort MSCI Brazil Capped | -0.31 |
| TEAM | Atlassian Corporation Class A Common StockSERVICES-PREPACKAGED SOFTWARE | -0.31 |
Frequently asked questions about EE correlations
- Which stocks are most correlated with EE?
- Based on one year of daily returns, the stocks most correlated with Excelerate Energy, Inc. (EE) are USNG (0.50), EIPX (0.45) and KMI (0.45). 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 EE?
- Over the past year, the stocks most inversely correlated with Excelerate Energy, Inc. (EE) are DUG (-0.31), ERY (-0.31) and OILD (-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 EE correlations calculated?
- We compute the correlation of daily returns between EE 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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