Which stocks are most correlated with GGG?

Based on one year of daily returns, the stocks most correlated with Graco Inc (GGG) are PHO (0.75), FIW (0.74) and ITW (0.71). 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 GGG?

Over the past year, the stocks most inversely correlated with Graco Inc (GGG) are SIJ (-0.61), SMDD (-0.58) and SMN (-0.58). A negative correlation means the two stocks have tended to move in opposite directions.

Graco Inc (GGG) — Stock Correlations & Overview

Over the past year, GGG has moved most closely with PHO, FIW, ITW. Explore the stocks most correlated and inversely correlated with GGG below, along with its price, financials, and company profile.

Stocks correlated with GGG

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

Most correlated with GGG

Symbol	Company	Correlation
PHO	Invesco Water Resources ETF	0.75
FIW	First Trust Water ETF	0.74
ITW	Illinois Tool Works Inc.GENERAL INDUSTRIAL MACHINERY & EQUIPMENT	0.71
RSPN	Invesco S&P 500 Equal Weight Industrials ETF	0.71
AOS	A.O. Smith CorporationHOUSEHOLD APPLIANCES	0.70

Most inversely correlated with GGG

Symbol	Company	Correlation
SIJ	ProShares UltraShort Industrials	-0.61
SMDD	ProShares UltraPro Short MidCap400	-0.58
SMN	ProShares UltraShort Materials	-0.58
MYY	ProShares Short MidCap400	-0.57
MZZ	ProShares UltraShort MidCap400	-0.57

Frequently asked questions about GGG correlations

Which stocks are most correlated with GGG?: Based on one year of daily returns, the stocks most correlated with Graco Inc (GGG) are PHO (0.75), FIW (0.74) and ITW (0.71). 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 GGG?: Over the past year, the stocks most inversely correlated with Graco Inc (GGG) are SIJ (-0.61), SMDD (-0.58) and SMN (-0.58). 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 GGG correlations calculated?: We compute the correlation of daily returns between GGG 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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