Jack in the Box Inc. (JACK) — Stock Correlations & Overview
Over the past year, JACK has moved most closely with WEN, RSPD, PEY. Explore the stocks most correlated and inversely correlated with JACK below, along with its price, financials, and company profile.
Stocks correlated with JACK
Correlation of daily returns. Higher positive values move with JACK; negative values move opposite it. Informational only, not investment advice.
Most correlated with JACK
| Symbol | Company | Correlation |
|---|---|---|
| WEN | The Wendy's CompanyRETAIL-EATING & DRINKING PLACES | 0.48 |
| RSPD | Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 0.46 |
| PEY | Invesco High Yield Equity Dividend Achievers ETF | 0.45 |
| IYC | iShares U.S. Consumer Discretionary ETF | 0.44 |
| HOMZ | Hoya Capital Housing ETF | 0.43 |
Most inversely correlated with JACK
| Symbol | Company | Correlation |
|---|---|---|
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.43 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.43 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.42 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.39 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.38 |
Frequently asked questions about JACK correlations
- Which stocks are most correlated with JACK?
- Based on one year of daily returns, the stocks most correlated with Jack in the Box Inc. (JACK) are WEN (0.48), RSPD (0.46) and PEY (0.45). 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 JACK?
- Over the past year, the stocks most inversely correlated with Jack in the Box Inc. (JACK) are DWSH (-0.43), HDGE (-0.43) and EMTY (-0.42). 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 JACK correlations calculated?
- We compute the correlation of daily returns between JACK 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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