Which stocks are most correlated with GT?

Based on one year of daily returns, the stocks most correlated with Goodyear Tire & Rubber (GT) are BSMC (0.54), RWK (0.54) and PSCD (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 GT?

Over the past year, the stocks most inversely correlated with Goodyear Tire & Rubber (GT) are SDD (-0.48), SBB (-0.48) and EMTY (-0.47). A negative correlation means the two stocks have tended to move in opposite directions.

Goodyear Tire & Rubber (GT) — Stock Correlations & Overview

Over the past year, GT has moved most closely with BSMC, RWK, PSCD. Explore the stocks most correlated and inversely correlated with GT below, along with its price, financials, and company profile.

Stocks correlated with GT

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

Most correlated with GT

Symbol	Company	Correlation
BSMC	Brandes U.S. Small-Mid Cap Value ETF	0.54
RWK	Invesco S&P MidCap 400 Revenue ETFINVESTMENT ADVICE	0.54
PSCD	Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE	0.54
RWJ	Invesco S&P SmallCap 600 Revenue ETFINVESTMENT ADVICE	0.54
FYT	First Trust Small Cap Value AlphaDEX Fund	0.53

Most inversely correlated with GT

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.48
SBB	ProShares Short SmallCap600	-0.48
EMTY	ProShares Decline of the Retail Store ETF	-0.47
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.45
MZZ	ProShares UltraShort MidCap400	-0.44

Frequently asked questions about GT correlations

Which stocks are most correlated with GT?: Based on one year of daily returns, the stocks most correlated with Goodyear Tire & Rubber (GT) are BSMC (0.54), RWK (0.54) and PSCD (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 GT?: Over the past year, the stocks most inversely correlated with Goodyear Tire & Rubber (GT) are SDD (-0.48), SBB (-0.48) and EMTY (-0.47). 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 GT correlations calculated?: We compute the correlation of daily returns between GT 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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