Which stocks are most correlated with HCA?

Based on one year of daily returns, the stocks most correlated with HCA Healthcare, Inc. (HCA) are UHS (0.66), THC (0.61) and SELV (0.41). 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 HCA?

Over the past year, the stocks most inversely correlated with HCA Healthcare, Inc. (HCA) are SZK (-0.35), RXD (-0.33) and MXL (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

HCA Healthcare, Inc. (HCA) — Stock Correlations & Overview

Over the past year, HCA has moved most closely with UHS, THC, SELV. Explore the stocks most correlated and inversely correlated with HCA below, along with its price, financials, and company profile.

Stocks correlated with HCA

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

Most correlated with HCA

Symbol	Company	Correlation
UHS	Universal Health Services, Inc. Class BSERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC	0.66
THC	Tenet Healthcare Corporation NewSERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC	0.61
SELV	SEI QiM U.S. Large Cap Low Volatility Active ETF	0.41
FTCS	First Trust Capital Strength ETF	0.40
FVD	First Trust Value Line Dividend Fund	0.40

Most inversely correlated with HCA

Symbol	Company	Correlation
SZK	ProShares UltraShort Consumer Staples	-0.35
RXD	ProShares UltraShort Health Care	-0.33
MXL	MaxLinear, Inc. Common StockSEMICONDUCTORS & RELATED DEVICES	-0.31
LABX	Tradr 2X Long ALAB Daily ETF	-0.28
OBE	Obsidian Energy Ltd.	-0.27

Frequently asked questions about HCA correlations

Which stocks are most correlated with HCA?: Based on one year of daily returns, the stocks most correlated with HCA Healthcare, Inc. (HCA) are UHS (0.66), THC (0.61) and SELV (0.41). 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 HCA?: Over the past year, the stocks most inversely correlated with HCA Healthcare, Inc. (HCA) are SZK (-0.35), RXD (-0.33) and MXL (-0.31). 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 HCA correlations calculated?: We compute the correlation of daily returns between HCA 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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