Which stocks are most correlated with HSIC?

Based on one year of daily returns, the stocks most correlated with Henry Schein Inc (HSIC) are NVST (0.58), FSCS (0.56) and ONEV (0.56). 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 HSIC?

Over the past year, the stocks most inversely correlated with Henry Schein Inc (HSIC) are SBB (-0.44), SDD (-0.42) and DWSH (-0.41). A negative correlation means the two stocks have tended to move in opposite directions.

Henry Schein Inc (HSIC) — Stock Correlations & Overview

Over the past year, HSIC has moved most closely with NVST, FSCS, ONEV. Explore the stocks most correlated and inversely correlated with HSIC below, along with its price, financials, and company profile.

Stocks correlated with HSIC

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

Most correlated with HSIC

Symbol	Company	Correlation
NVST	Envista Holdings Corporation Common stock, $0.01 par value per shareDENTAL EQUIPMENT & SUPPLIES	0.58
FSCS	First Trust Exchange-Traded Fund VI First Trust SMID Capital Strength ETF	0.56
ONEV	State Street SPDR Russell 1000 Low Volatility Focus ETF	0.56
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	0.55
TMDV	ProShares Russell US Dividend Growers ETF	0.54

Most inversely correlated with HSIC

Symbol	Company	Correlation
SBB	ProShares Short SmallCap600	-0.44
SDD	ProShares UltraShort SmallCap600	-0.42
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.41
EMTY	ProShares Decline of the Retail Store ETF	-0.40
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.40

Frequently asked questions about HSIC correlations

Which stocks are most correlated with HSIC?: Based on one year of daily returns, the stocks most correlated with Henry Schein Inc (HSIC) are NVST (0.58), FSCS (0.56) and ONEV (0.56). 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 HSIC?: Over the past year, the stocks most inversely correlated with Henry Schein Inc (HSIC) are SBB (-0.44), SDD (-0.42) and DWSH (-0.41). 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 HSIC correlations calculated?: We compute the correlation of daily returns between HSIC 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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