Which stocks are most correlated with GRCE?

Based on one year of daily returns, the stocks most correlated with Grace Therapeutics, Inc. Common Stock (GRCE) are CAR (0.54), MEDP (0.45) and LPL (0.39). 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 GRCE?

Over the past year, the stocks most inversely correlated with Grace Therapeutics, Inc. Common Stock (GRCE) are URI (-0.32), TRT (-0.30) and SIGI (-0.30). A negative correlation means the two stocks have tended to move in opposite directions.

Grace Therapeutics, Inc. Common Stock (GRCE) — Stock Correlations & Overview

Over the past year, GRCE has moved most closely with CAR, MEDP, LPL. Explore the stocks most correlated and inversely correlated with GRCE below, along with its price, financials, and company profile.

Stocks correlated with GRCE

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

Most correlated with GRCE

Symbol	Company	Correlation
CAR	Avis Budget Group, Inc.SERVICES-AUTO RENTAL & LEASING (NO DRIVERS)	0.54
MEDP	Medpace Holdings, Inc. Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH	0.45
LPL	LG Display Co. Ltd.	0.39
NMAX	Newsmax, Inc.TELEVISION BROADCASTING STATIONS	0.39
TMO	Thermo Fisher Scientific, Inc.MEASURING & CONTROLLING DEVICES, NEC	0.35

Most inversely correlated with GRCE

Symbol	Company	Correlation
URI	United Rentals, Inc.SERVICES-EQUIPMENT RENTAL & LEASING, NEC	-0.32
TRT	Trio-Tech InternationalSPECIAL INDUSTRY MACHINERY, NEC	-0.30
SIGI	Selective Insurance GroupFIRE, MARINE & CASUALTY INSURANCE	-0.30
LANDP	Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS	-0.29
NEEpS	NextEra Energy, Inc. 7.299% Corporate UnitsELECTRIC SERVICES	-0.28

Frequently asked questions about GRCE correlations

Which stocks are most correlated with GRCE?: Based on one year of daily returns, the stocks most correlated with Grace Therapeutics, Inc. Common Stock (GRCE) are CAR (0.54), MEDP (0.45) and LPL (0.39). 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 GRCE?: Over the past year, the stocks most inversely correlated with Grace Therapeutics, Inc. Common Stock (GRCE) are URI (-0.32), TRT (-0.30) and SIGI (-0.30). 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 GRCE correlations calculated?: We compute the correlation of daily returns between GRCE 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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