InnovAge Holding Corp. Common Stock (INNV) — Stock Correlations & Overview
Over the past year, INNV has moved most closely with SLAB, LFST, BRX. Explore the stocks most correlated and inversely correlated with INNV below, along with its price, financials, and company profile.
Stocks correlated with INNV
Correlation of daily returns. Higher positive values move with INNV; negative values move opposite it. Informational only, not investment advice.
Most correlated with INNV
| Symbol | Company | Correlation |
|---|---|---|
| SLAB | Silicon Laboratories IncSEMICONDUCTORS & RELATED DEVICES | 0.41 |
| LFST | LifeStance Health Group, Inc. Common StockSERVICES-HEALTH SERVICES | 0.36 |
| BRX | BRIXMOR PROPERTY GROUP INC.REAL ESTATE INVESTMENT TRUSTS | 0.36 |
| REGL | ProShares S&P MidCap 400 Dividend Aristocrats ETF | 0.35 |
| KIM | Kimco Realty Corp.REAL ESTATE INVESTMENT TRUSTS | 0.34 |
Frequently asked questions about INNV correlations
- Which stocks are most correlated with INNV?
- Based on one year of daily returns, the stocks most correlated with InnovAge Holding Corp. Common Stock (INNV) are SLAB (0.41), LFST (0.36) and BRX (0.36). 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 INNV?
- Over the past year, the stocks most inversely correlated with InnovAge Holding Corp. Common Stock (INNV) are SBB (-0.30), SRS (-0.28) and MYY (-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 INNV correlations calculated?
- We compute the correlation of daily returns between INNV 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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