Inogen Inc (INGN) — Stock Correlations & Overview
Over the past year, INGN has moved most closely with XHE, IRTC, LIVN. Explore the stocks most correlated and inversely correlated with INGN below, along with its price, financials, and company profile.
Stocks correlated with INGN
Correlation of daily returns. Higher positive values move with INGN; negative values move opposite it. Informational only, not investment advice.
Most correlated with INGN
| Symbol | Company | Correlation |
|---|---|---|
| XHE | State Street SPDR S&P Health Care Equipment ETF | 0.45 |
| IRTC | iRhythm Holdings, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.42 |
| LIVN | LivaNova PLC Ordinary SharesELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS | 0.39 |
| CCNE | CNB Financial Corp/PASTATE COMMERCIAL BANKS | 0.39 |
| SIXS | ETC 6 Meridian Small Cap Equity ETF | 0.38 |
Frequently asked questions about INGN correlations
- Which stocks are most correlated with INGN?
- Based on one year of daily returns, the stocks most correlated with Inogen Inc (INGN) are XHE (0.45), IRTC (0.42) and LIVN (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 INGN?
- Over the past year, the stocks most inversely correlated with Inogen Inc (INGN) are SKRE (-0.33), DWSH (-0.31) and HDGE (-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 INGN correlations calculated?
- We compute the correlation of daily returns between INGN 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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