EMCOR Group, Inc. (EME) — Stock Correlations & Overview
Over the past year, EME has moved most closely with FIX, PRN, PWR. Explore the stocks most correlated and inversely correlated with EME below, along with its price, financials, and company profile.
Stocks correlated with EME
Correlation of daily returns. Higher positive values move with EME; negative values move opposite it. Informational only, not investment advice.
Most correlated with EME
| Symbol | Company | Correlation |
|---|---|---|
| FIX | Comfort Systems USA, Inc.ELECTRICAL WORK | 0.80 |
| PRN | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Industrials Momentum ETF | 0.78 |
| PWR | Quanta Services, Inc.ELECTRICAL WORK | 0.75 |
| AIPO | Defiance AI & Power Infrastructure ETF | 0.75 |
| PDP | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Momentum ETF | 0.75 |
Most inversely correlated with EME
| Symbol | Company | Correlation |
|---|---|---|
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -0.64 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | -0.64 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.64 |
| SSG | ProShares UltraShort Semiconductors | -0.61 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.61 |
Frequently asked questions about EME correlations
- Which stocks are most correlated with EME?
- Based on one year of daily returns, the stocks most correlated with EMCOR Group, Inc. (EME) are FIX (0.80), PRN (0.78) and PWR (0.75). 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 EME?
- Over the past year, the stocks most inversely correlated with EMCOR Group, Inc. (EME) are BTAL (-0.64), SOXS (-0.64) and TSXD (-0.64). 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 EME correlations calculated?
- We compute the correlation of daily returns between EME 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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