G-Iii Apparel Group Ltd (GIII) — Stock Correlations & Overview
Over the past year, GIII has moved most closely with RETL, XRT, PSCD. Explore the stocks most correlated and inversely correlated with GIII below, along with its price, financials, and company profile.
Stocks correlated with GIII
Correlation of daily returns. Higher positive values move with GIII; negative values move opposite it. Informational only, not investment advice.
Most correlated with GIII
| Symbol | Company | Correlation |
|---|---|---|
| RETL | Direxion Daily Retail Bull 3X ETF | 0.60 |
| XRT | State Street SPDR S&P Retail ETF | 0.60 |
| PSCD | Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE | 0.58 |
| FXD | First Trust Consumer Discretionary AlphaDEX Fund | 0.58 |
| DEEP | Acquirers Small and Micro Deep Value ETF | 0.55 |
Most inversely correlated with GIII
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.52 |
| SBB | ProShares Short SmallCap600 | -0.50 |
| SDD | ProShares UltraShort SmallCap600 | -0.48 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.45 |
| SMDD | ProShares UltraPro Short MidCap400 | -0.42 |
Frequently asked questions about GIII correlations
- Which stocks are most correlated with GIII?
- Based on one year of daily returns, the stocks most correlated with G-Iii Apparel Group Ltd (GIII) are RETL (0.60), XRT (0.60) and PSCD (0.58). 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 GIII?
- Over the past year, the stocks most inversely correlated with G-Iii Apparel Group Ltd (GIII) are EMTY (-0.52), SBB (-0.50) and SDD (-0.48). 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 GIII correlations calculated?
- We compute the correlation of daily returns between GIII 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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