Gencor Industries, Inc. (GENC) — Stock Correlations & Overview

Over the past year, GENC has moved most closely with BSVO, FDM, DGRS. Explore the stocks most correlated and inversely correlated with GENC below, along with its price, financials, and company profile.

Stocks correlated with GENC

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

Most correlated with GENC

SymbolCompanyCorrelation
BSVOEA Bridgeway Omni Small-Cap Value ETF0.54
FDMFirst Trust Dow Jones Select MicroCap Index Fund0.53
DGRSWisdomTree Trust WisdomTree U.S. SmallCap Quality Dividend Growth Fund0.53
DESWisdomTree U.S. SmallCap Dividend Fund0.53
AVUVAvantis U.S. Small Cap Value ETF0.52

Most inversely correlated with GENC

SymbolCompanyCorrelation
SDDProShares UltraShort SmallCap600-0.48
SBBProShares Short SmallCap600-0.47
SKRETuttle Capital Daily 2X Inverse Regional Banks ETF-0.46
TWMProShares UltraShort Russell2000-0.42
SRTYProShares UltraPro Short Russell2000-0.42

Frequently asked questions about GENC correlations

Which stocks are most correlated with GENC?
Based on one year of daily returns, the stocks most correlated with Gencor Industries, Inc. (GENC) are BSVO (0.54), FDM (0.53) and DGRS (0.53). 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 GENC?
Over the past year, the stocks most inversely correlated with Gencor Industries, Inc. (GENC) are SDD (-0.48), SBB (-0.47) and SKRE (-0.46). 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 GENC correlations calculated?
We compute the correlation of daily returns between GENC 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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