IQVIA Holdings Inc. (IQV) — Stock Correlations & Overview
Over the past year, IQV has moved most closely with CRL, TMO, EKG. Explore the stocks most correlated and inversely correlated with IQV below, along with its price, financials, and company profile.
Stocks correlated with IQV
Correlation of daily returns. Higher positive values move with IQV; negative values move opposite it. Informational only, not investment advice.
Most correlated with IQV
| Symbol | Company | Correlation |
|---|---|---|
| CRL | Charles River Laboratories International, Inc.SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH | 0.72 |
| TMO | Thermo Fisher Scientific, Inc.MEASURING & CONTROLLING DEVICES, NEC | 0.69 |
| EKG | First Trust Nasdaq Lux Digital Health Solutions ETF | 0.64 |
| RVTY | Revvity, Inc.LABORATORY ANALYTICAL INSTRUMENTS | 0.63 |
| A | Agilent Technologies Inc.LABORATORY ANALYTICAL INSTRUMENTS | 0.60 |
Most inversely correlated with IQV
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.51 |
| RXD | ProShares UltraShort Health Care | -0.50 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.49 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.39 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.38 |
Frequently asked questions about IQV correlations
- Which stocks are most correlated with IQV?
- Based on one year of daily returns, the stocks most correlated with IQVIA Holdings Inc. (IQV) are CRL (0.72), TMO (0.69) and EKG (0.64). 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 IQV?
- Over the past year, the stocks most inversely correlated with IQVIA Holdings Inc. (IQV) are HDGE (-0.51), RXD (-0.50) and DWSH (-0.49). 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 IQV correlations calculated?
- We compute the correlation of daily returns between IQV 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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