Which stocks are most correlated with FTRE?

Based on one year of daily returns, the stocks most correlated with Fortrea Holdings Inc. Common Stock (FTRE) are IQV (0.56), CRL (0.54) and HTEC (0.52). 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 FTRE?

Over the past year, the stocks most inversely correlated with Fortrea Holdings Inc. Common Stock (FTRE) are SDD (-0.45), RWM (-0.45) and TWM (-0.45). A negative correlation means the two stocks have tended to move in opposite directions.

Fortrea Holdings Inc. Common Stock (FTRE) — Stock Correlations & Overview

Over the past year, FTRE has moved most closely with IQV, CRL, HTEC. Explore the stocks most correlated and inversely correlated with FTRE below, along with its price, financials, and company profile.

Stocks correlated with FTRE

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

Most correlated with FTRE

Symbol	Company	Correlation
IQV	IQVIA Holdings Inc.SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH	0.56
CRL	Charles River Laboratories International, Inc.SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH	0.54
HTEC	ROBO Global Healthcare Technology and Innovation ETF	0.52
RVTY	Revvity, Inc.LABORATORY ANALYTICAL INSTRUMENTS	0.51
SAUG	FT Vest U.S. Small Cap Moderate Buffer ETF - August	0.50

Most inversely correlated with FTRE

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.45
RWM	ProShares Short Russell2000	-0.45
TWM	ProShares UltraShort Russell2000	-0.45
SRTY	ProShares UltraPro Short Russell2000	-0.45
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.44

Frequently asked questions about FTRE correlations

Which stocks are most correlated with FTRE?: Based on one year of daily returns, the stocks most correlated with Fortrea Holdings Inc. Common Stock (FTRE) are IQV (0.56), CRL (0.54) and HTEC (0.52). 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 FTRE?: Over the past year, the stocks most inversely correlated with Fortrea Holdings Inc. Common Stock (FTRE) are SDD (-0.45), RWM (-0.45) and TWM (-0.45). 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 FTRE correlations calculated?: We compute the correlation of daily returns between FTRE 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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