Humana Inc. (HUM) — Stock Correlations & Overview
Over the past year, HUM has moved most closely with IHF, UNHG, UNH. Explore the stocks most correlated and inversely correlated with HUM below, along with its price, financials, and company profile.
Stocks correlated with HUM
Correlation of daily returns. Higher positive values move with HUM; negative values move opposite it. Informational only, not investment advice.
Most correlated with HUM
| Symbol | Company | Correlation |
|---|---|---|
| IHF | iShares U.S. Healthcare Providers ETF | 0.67 |
| UNHG | Leverage Shares 2X Long UNH Daily ETF | 0.57 |
| UNH | UNITEDHEALTH GROUP INCORPORATED (Delaware)HOSPITAL & MEDICAL SERVICE PLANS | 0.56 |
| ELV | Elevance Health, Inc.HOSPITAL & MEDICAL SERVICE PLANS | 0.53 |
| XHS | State Street SPDR S&P Health Care Services ETF | 0.49 |
Most inversely correlated with HUM
| Symbol | Company | Correlation |
|---|---|---|
| PHGE | BiomX Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.24 |
| GITS | Global Interactive Technologies, Inc. Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | -0.23 |
| SKF | ProShares UltraShort Financials | -0.23 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.23 |
| SEF | ProShares Short Financials | -0.23 |
Frequently asked questions about HUM correlations
- Which stocks are most correlated with HUM?
- Based on one year of daily returns, the stocks most correlated with Humana Inc. (HUM) are IHF (0.67), UNHG (0.57) and UNH (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 HUM?
- Over the past year, the stocks most inversely correlated with Humana Inc. (HUM) are PHGE (-0.24), GITS (-0.23) and SKF (-0.23). 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 HUM correlations calculated?
- We compute the correlation of daily returns between HUM 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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