ExlService Holdings, Inc. (EXLS) — Stock Correlations & Overview
Over the past year, EXLS has moved most closely with G, ACN, CTSH. Explore the stocks most correlated and inversely correlated with EXLS below, along with its price, financials, and company profile.
Stocks correlated with EXLS
Correlation of daily returns. Higher positive values move with EXLS; negative values move opposite it. Informational only, not investment advice.
Most correlated with EXLS
| Symbol | Company | Correlation |
|---|---|---|
| G | GENPACT LIMITEDSERVICES-MANAGEMENT CONSULTING SERVICES | 0.76 |
| ACN | Accenture PLCSERVICES-BUSINESS SERVICES, NEC | 0.72 |
| CTSH | Cognizant Technology SolutionsSERVICES-COMPUTER PROGRAMMING SERVICES | 0.72 |
| MANH | Manhattan Associates IncSERVICES-PREPACKAGED SOFTWARE | 0.71 |
| DOX | Amdocs Limited | 0.69 |
Most inversely correlated with EXLS
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.54 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.47 |
| VOLT | Tema Electrification ETFSERVICES-HELP SUPPLY SERVICES | -0.39 |
| GLW | Corning IncorporatedDRAWING & INSULATING OF NONFERROUS WIRE | -0.39 |
| VRTL | GraniteShares 2x Long VRT Daily ETF | -0.38 |
Frequently asked questions about EXLS correlations
- Which stocks are most correlated with EXLS?
- Based on one year of daily returns, the stocks most correlated with ExlService Holdings, Inc. (EXLS) are G (0.76), ACN (0.72) and CTSH (0.72). 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 EXLS?
- Over the past year, the stocks most inversely correlated with ExlService Holdings, Inc. (EXLS) are HDGE (-0.54), DWSH (-0.47) and VOLT (-0.39). 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 EXLS correlations calculated?
- We compute the correlation of daily returns between EXLS 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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