Elite Express Holding Inc. Class A Common Stock (ETS) — Stock Correlations & Overview
Over the past year, ETS has moved most closely with UPC, SBS, AFYA. Explore the stocks most correlated and inversely correlated with ETS below, along with its price, financials, and company profile.
Stocks correlated with ETS
Correlation of daily returns. Higher positive values move with ETS; negative values move opposite it. Informational only, not investment advice.
Most correlated with ETS
| Symbol | Company | Correlation |
|---|---|---|
| UPC | Universe Pharmaceuticals Inc. Class A Ordinary Shares | 0.24 |
| SBS | COMPANHIA DE SANEAMENTO B SICO DO ESTADO DE SAO PAULO-SABESP ADS'S | 0.23 |
| AFYA | Afya Limited Class A Common Shares | 0.22 |
| XP | XP Inc. Class A Common Stock | 0.22 |
| PBR.A | Petroleo Brasileiro S.A.-Petrobras | 0.21 |
Most inversely correlated with ETS
| Symbol | Company | Correlation |
|---|---|---|
| JAGX | Jaguar Health, Inc.PHARMACEUTICAL PREPARATIONS | -0.26 |
| NVS | Novartis AG | -0.25 |
| GBLI | Global Indemnity Group, LLC Class A Common StockFIRE, MARINE & CASUALTY INSURANCE | -0.24 |
| AMGN | Amgen IncBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.23 |
| VKTX | Viking Therapeutics, IncPHARMACEUTICAL PREPARATIONS | -0.22 |
Frequently asked questions about ETS correlations
- Which stocks are most correlated with ETS?
- Based on one year of daily returns, the stocks most correlated with Elite Express Holding Inc. Class A Common Stock (ETS) are UPC (0.24), SBS (0.23) and AFYA (0.22). 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 ETS?
- Over the past year, the stocks most inversely correlated with Elite Express Holding Inc. Class A Common Stock (ETS) are JAGX (-0.26), NVS (-0.25) and GBLI (-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 ETS correlations calculated?
- We compute the correlation of daily returns between ETS 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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