Ingram Micro Holding Corporation (INGM) — Stock Correlations & Overview
Over the past year, INGM has moved most closely with SNX, DVLU, CGMM. Explore the stocks most correlated and inversely correlated with INGM below, along with its price, financials, and company profile.
Stocks correlated with INGM
Correlation of daily returns. Higher positive values move with INGM; negative values move opposite it. Informational only, not investment advice.
Most correlated with INGM
| Symbol | Company | Correlation |
|---|---|---|
| SNX | TD SYNNEX CorporationWHOLESALE-COMPUTERS & PERIPHERAL EQUIPMENT & SOFTWARE | 0.49 |
| DVLU | First Trust Dorsey Wright Momentum & Value ETF | 0.49 |
| CGMM | Capital Group U.S. Small and Mid Cap ETF | 0.48 |
| JVAL | JPMorgan U.S. Value Factor ETF | 0.47 |
| TDV | ProShares S&P Technology Dividend Aristocrats ETF | 0.47 |
Frequently asked questions about INGM correlations
- Which stocks are most correlated with INGM?
- Based on one year of daily returns, the stocks most correlated with Ingram Micro Holding Corporation (INGM) are SNX (0.49), DVLU (0.49) and CGMM (0.48). 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 INGM?
- Over the past year, the stocks most inversely correlated with Ingram Micro Holding Corporation (INGM) are HIBS (-0.44), SDD (-0.43) and SBB (-0.43). 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 INGM correlations calculated?
- We compute the correlation of daily returns between INGM 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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