Which stocks are most correlated with GPK?

Based on one year of daily returns, the stocks most correlated with Graphic Packaging Holding Company (GPK) are CUT (0.56), FIW (0.54) and PHO (0.54). 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 GPK?

Over the past year, the stocks most inversely correlated with Graphic Packaging Holding Company (GPK) are DWSH (-0.49), HDGE (-0.48) and FLYD (-0.42). A negative correlation means the two stocks have tended to move in opposite directions.

Graphic Packaging Holding Company (GPK) — Stock Correlations & Overview

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

Stocks correlated with GPK

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

Most correlated with GPK

Symbol	Company	Correlation
CUT	Invesco MSCI Global Timber ETFINVESTMENT ADVICE	0.56
FIW	First Trust Water ETF	0.54
PHO	Invesco Water Resources ETF	0.54
HOMZ	Hoya Capital Housing ETF	0.53
RUNN	Strategic Trust Running Oak Efficient Growth ETF	0.53

Most inversely correlated with GPK

Symbol	Company	Correlation
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.49
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.48
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.42
SMN	ProShares UltraShort Materials	-0.41
EMTY	ProShares Decline of the Retail Store ETF	-0.40

Frequently asked questions about GPK correlations

Which stocks are most correlated with GPK?: Based on one year of daily returns, the stocks most correlated with Graphic Packaging Holding Company (GPK) are CUT (0.56), FIW (0.54) and PHO (0.54). 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 GPK?: Over the past year, the stocks most inversely correlated with Graphic Packaging Holding Company (GPK) are DWSH (-0.49), HDGE (-0.48) and FLYD (-0.42). 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 GPK correlations calculated?: We compute the correlation of daily returns between GPK 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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