Shift4 Payments, Inc. (FOUR) — Stock Correlations & Overview
Over the past year, FOUR has moved most closely with FOURpA, GPN, IPAY. Explore the stocks most correlated and inversely correlated with FOUR below, along with its price, financials, and company profile.
Stocks correlated with FOUR
Correlation of daily returns. Higher positive values move with FOUR; negative values move opposite it. Informational only, not investment advice.
Most correlated with FOUR
| Symbol | Company | Correlation |
|---|---|---|
| FOURpA | Shift4 Payments, Inc. 6.00% Series A Mandatory Convertible Preferred StockSERVICES-BUSINESS SERVICES, NEC | 0.95 |
| GPN | Global Payments, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.56 |
| IPAY | Amplify Digital Payments ETF | 0.54 |
| EEFT | Euronet Worldwide IncFUNCTIONS RELATED TO DEPOSITORY BANKING, NEC | 0.53 |
| VYX | NCR Voyix CorporationCALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) | 0.49 |
Most inversely correlated with FOUR
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.45 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.41 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.37 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.35 |
| DOG | ProShares Short Dow30 | -0.35 |
Frequently asked questions about FOUR correlations
- Which stocks are most correlated with FOUR?
- Based on one year of daily returns, the stocks most correlated with Shift4 Payments, Inc. (FOUR) are FOURpA (0.95), GPN (0.56) and IPAY (0.54). 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 FOUR?
- Over the past year, the stocks most inversely correlated with Shift4 Payments, Inc. (FOUR) are HDGE (-0.45), DWSH (-0.41) and FLYD (-0.37). 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 FOUR correlations calculated?
- We compute the correlation of daily returns between FOUR 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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