Which stocks are most correlated with FOXA?

Based on one year of daily returns, the stocks most correlated with Fox Corporation Class A Common Stock (FOXA) are FOX (0.98), RSPC (0.41) and NWS (0.40). 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 FOXA?

Over the past year, the stocks most inversely correlated with Fox Corporation Class A Common Stock (FOXA) are HDGE (-0.31), PRFX (-0.28) and DWSH (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.

Fox Corporation Class A Common Stock (FOXA) — Stock Correlations & Overview

Over the past year, FOXA has moved most closely with FOX, RSPC, NWS. Explore the stocks most correlated and inversely correlated with FOXA below, along with its price, financials, and company profile.

Stocks correlated with FOXA

Correlation of daily returns. Higher positive values move with FOXA; negative values move opposite it. Informational only, not investment advice.

Most correlated with FOXA

Symbol	Company	Correlation
FOX	Fox Corporation Class B Common StockTELEVISION BROADCASTING STATIONS	0.98
RSPC	Invesco Exchange-Traded Fund Trust Invesco S&P 500 Equal Weight Communication Services ETF	0.41
NWS	News Corporation Class B Common StockNEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING	0.40
GHC	GRAHAM HOLDINGS COMPANYSERVICES-EDUCATIONAL SERVICES	0.39
NWSA	News Corporation Class A Common StockNEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING	0.39

Most inversely correlated with FOXA

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.31
PRFX	PRF Technologies Ltd. Ordinary Shares	-0.28
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.26
VSME	VS Media Holdings Limited Class A Ordinary Shares	-0.24
SKF	ProShares UltraShort Financials	-0.23

Frequently asked questions about FOXA correlations

Which stocks are most correlated with FOXA?: Based on one year of daily returns, the stocks most correlated with Fox Corporation Class A Common Stock (FOXA) are FOX (0.98), RSPC (0.41) and NWS (0.40). 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 FOXA?: Over the past year, the stocks most inversely correlated with Fox Corporation Class A Common Stock (FOXA) are HDGE (-0.31), PRFX (-0.28) and DWSH (-0.26). 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 FOXA correlations calculated?: We compute the correlation of daily returns between FOXA 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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