Interparfums, Inc. Common Stock (IPAR) — Stock Correlations & Overview
Over the past year, IPAR has moved most closely with PSCC, PEY, FXD. Explore the stocks most correlated and inversely correlated with IPAR below, along with its price, financials, and company profile.
Stocks correlated with IPAR
Correlation of daily returns. Higher positive values move with IPAR; negative values move opposite it. Informational only, not investment advice.
Most correlated with IPAR
| Symbol | Company | Correlation |
|---|---|---|
| PSCC | Invesco S&P SmallCap Consumer Staples ETFINVESTMENT ADVICE | 0.55 |
| PEY | Invesco High Yield Equity Dividend Achievers ETF | 0.53 |
| FXD | First Trust Consumer Discretionary AlphaDEX Fund | 0.53 |
| FSCS | First Trust Exchange-Traded Fund VI First Trust SMID Capital Strength ETF | 0.53 |
| PSCD | Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE | 0.52 |
Most inversely correlated with IPAR
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.50 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.48 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.46 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.41 |
| SBB | ProShares Short SmallCap600 | -0.39 |
Frequently asked questions about IPAR correlations
- Which stocks are most correlated with IPAR?
- Based on one year of daily returns, the stocks most correlated with Interparfums, Inc. Common Stock (IPAR) are PSCC (0.55), PEY (0.53) and FXD (0.53). 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 IPAR?
- Over the past year, the stocks most inversely correlated with Interparfums, Inc. Common Stock (IPAR) are EMTY (-0.50), HDGE (-0.48) and DWSH (-0.46). 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 IPAR correlations calculated?
- We compute the correlation of daily returns between IPAR 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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