GRAHAM HOLDINGS COMPANY (GHC) — Stock Correlations & Overview
Over the past year, GHC has moved most closely with SMLV, MYLD, FYT. Explore the stocks most correlated and inversely correlated with GHC below, along with its price, financials, and company profile.
Stocks correlated with GHC
Correlation of daily returns. Higher positive values move with GHC; negative values move opposite it. Informational only, not investment advice.
Most correlated with GHC
| Symbol | Company | Correlation |
|---|---|---|
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 0.58 |
| MYLD | Cambria Micro and SmallCap Shareholder Yield ETF | 0.57 |
| FYT | First Trust Small Cap Value AlphaDEX Fund | 0.57 |
| SIXS | ETC 6 Meridian Small Cap Equity ETF | 0.57 |
| JPSV | JPMorgan Active Small Cap Value ETF | 0.56 |
Most inversely correlated with GHC
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.52 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.48 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.45 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.43 |
| SDD | ProShares UltraShort SmallCap600 | -0.43 |
Frequently asked questions about GHC correlations
- Which stocks are most correlated with GHC?
- Based on one year of daily returns, the stocks most correlated with GRAHAM HOLDINGS COMPANY (GHC) are SMLV (0.58), MYLD (0.57) and FYT (0.57). 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 GHC?
- Over the past year, the stocks most inversely correlated with GRAHAM HOLDINGS COMPANY (GHC) are HDGE (-0.52), SKRE (-0.48) and DWSH (-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 GHC correlations calculated?
- We compute the correlation of daily returns between GHC 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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