Which stocks are most correlated with GSHD?

Based on one year of daily returns, the stocks most correlated with Goosehead Insurance, Inc. Class A Common Stock (GSHD) are BRO (0.61), TWFG (0.60) and KIE (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 GSHD?

Over the past year, the stocks most inversely correlated with Goosehead Insurance, Inc. Class A Common Stock (GSHD) are AMDW (-0.35), EGGY (-0.35) and TCAI (-0.35). A negative correlation means the two stocks have tended to move in opposite directions.

Goosehead Insurance, Inc. Class A Common Stock (GSHD) — Stock Correlations & Overview

Over the past year, GSHD has moved most closely with BRO, TWFG, KIE. Explore the stocks most correlated and inversely correlated with GSHD below, along with its price, financials, and company profile.

Stocks correlated with GSHD

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

Most correlated with GSHD

Symbol	Company	Correlation
BRO	Brown & Brown, Inc.INSURANCE AGENTS, BROKERS & SERVICE	0.61
TWFG	TWFG, Inc. Common StockINSURANCE AGENTS, BROKERS & SERVICE	0.60
KIE	State Street SPDR S&P Insurance ETF	0.58
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.57
AJG	Arthur J. Gallagher & Co.INSURANCE AGENTS, BROKERS & SERVICE	0.55

Most inversely correlated with GSHD

Symbol	Company	Correlation
AMDW	Roundhill AMD WeeklyPay ETF	-0.35
EGGY	NestYield Dynamic Income ETF	-0.35
TCAI	Tortoise AI Infrastructure ETF	-0.35
STRL	Sterling Infrastructure, Inc. Common StockHEAVY CONSTRUCTION OTHER THAN BLDG CONST - CONTRACTORS	-0.35
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.35

Frequently asked questions about GSHD correlations

Which stocks are most correlated with GSHD?: Based on one year of daily returns, the stocks most correlated with Goosehead Insurance, Inc. Class A Common Stock (GSHD) are BRO (0.61), TWFG (0.60) and KIE (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 GSHD?: Over the past year, the stocks most inversely correlated with Goosehead Insurance, Inc. Class A Common Stock (GSHD) are AMDW (-0.35), EGGY (-0.35) and TCAI (-0.35). 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 GSHD correlations calculated?: We compute the correlation of daily returns between GSHD 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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