Health Catalyst, Inc Common Stock (HCAT) — Stock Correlations & Overview
Over the past year, HCAT has moved most closely with VERU, WEAV, TTDU. Explore the stocks most correlated and inversely correlated with HCAT below, along with its price, financials, and company profile.
Stocks correlated with HCAT
Correlation of daily returns. Higher positive values move with HCAT; negative values move opposite it. Informational only, not investment advice.
Most correlated with HCAT
| Symbol | Company | Correlation |
|---|---|---|
| VERU | Veru Inc.PHARMACEUTICAL PREPARATIONS | 0.40 |
| WEAV | Weave Communications, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.40 |
| TTDU | T-REX 2X Long TTD Daily Target ETF | 0.39 |
| CVRX | CVRx, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.38 |
| DOUG | Douglas Elliman Inc.REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.38 |
Frequently asked questions about HCAT correlations
- Which stocks are most correlated with HCAT?
- Based on one year of daily returns, the stocks most correlated with Health Catalyst, Inc Common Stock (HCAT) are VERU (0.40), WEAV (0.40) and TTDU (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 HCAT?
- Over the past year, the stocks most inversely correlated with Health Catalyst, Inc Common Stock (HCAT) are DWSH (-0.31), HDGE (-0.28) and FAZ (-0.28). 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 HCAT correlations calculated?
- We compute the correlation of daily returns between HCAT 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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