Which stocks are most correlated with GTN?

Based on one year of daily returns, the stocks most correlated with Gray Media, Inc. (GTN) are SBGI (0.59), NXST (0.54) and NRDS (0.46). 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 GTN?

Over the past year, the stocks most inversely correlated with Gray Media, Inc. (GTN) are FLYD (-0.38), HDGE (-0.37) and FAZ (-0.35). A negative correlation means the two stocks have tended to move in opposite directions.

Gray Media, Inc. (GTN) — Stock Correlations & Overview

Over the past year, GTN has moved most closely with SBGI, NXST, NRDS. Explore the stocks most correlated and inversely correlated with GTN below, along with its price, financials, and company profile.

Stocks correlated with GTN

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

Most correlated with GTN

Symbol	Company	Correlation
SBGI	Sinclair, Inc. Class A Common StockTELEVISION BROADCASTING STATIONS	0.59
NXST	Nexstar Media Group, Inc. Common StockTELEVISION BROADCASTING STATIONS	0.54
NRDS	NerdWallet, Inc. Class A Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION	0.46
MVPA	Miller Value Partners Appreciation ETF	0.44
GRPM	Invesco S&P MidCap 400 GARP ETF	0.43

Most inversely correlated with GTN

Symbol	Company	Correlation
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.38
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.37
FAZ	Direxion Daily Financial Bear 3x ETF	-0.35
SKF	ProShares UltraShort Financials	-0.34
SEF	ProShares Short Financials	-0.34

Frequently asked questions about GTN correlations

Which stocks are most correlated with GTN?: Based on one year of daily returns, the stocks most correlated with Gray Media, Inc. (GTN) are SBGI (0.59), NXST (0.54) and NRDS (0.46). 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 GTN?: Over the past year, the stocks most inversely correlated with Gray Media, Inc. (GTN) are FLYD (-0.38), HDGE (-0.37) and FAZ (-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 GTN correlations calculated?: We compute the correlation of daily returns between GTN 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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