Which stocks are most correlated with KALU?

Based on one year of daily returns, the stocks most correlated with Kaiser Aluminum Corporation (KALU) are CSTM (0.68), PSCM (0.65) and RFG (0.63). 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 KALU?

Over the past year, the stocks most inversely correlated with Kaiser Aluminum Corporation (KALU) are SMDD (-0.57), MYY (-0.56) and MZZ (-0.56). A negative correlation means the two stocks have tended to move in opposite directions.

Kaiser Aluminum Corporation (KALU) — Stock Correlations & Overview

Over the past year, KALU has moved most closely with CSTM, PSCM, RFG. Explore the stocks most correlated and inversely correlated with KALU below, along with its price, financials, and company profile.

Stocks correlated with KALU

Correlation of daily returns. Higher positive values move with KALU; negative values move opposite it. Informational only, not investment advice.

Most correlated with KALU

Symbol	Company	Correlation
CSTM	Constellium SE Class A Ordinary sharesSECONDARY SMELTING & REFINING OF NONFERROUS METALS	0.68
PSCM	Invesco S&P SmallCap Materials ETFINVESTMENT ADVICE	0.65
RFG	Invesco S&P MidCap 400 Pure Growth ETF	0.63
PYZ	Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF	0.62
TSME	Thrivent Small-Mid Cap Equity ETF	0.61

Most inversely correlated with KALU

Symbol	Company	Correlation
SMDD	ProShares UltraPro Short MidCap400	-0.57
MYY	ProShares Short MidCap400	-0.56
MZZ	ProShares UltraShort MidCap400	-0.56
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.56
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.54

Frequently asked questions about KALU correlations

Which stocks are most correlated with KALU?: Based on one year of daily returns, the stocks most correlated with Kaiser Aluminum Corporation (KALU) are CSTM (0.68), PSCM (0.65) and RFG (0.63). 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 KALU?: Over the past year, the stocks most inversely correlated with Kaiser Aluminum Corporation (KALU) are SMDD (-0.57), MYY (-0.56) and MZZ (-0.56). 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 KALU correlations calculated?: We compute the correlation of daily returns between KALU 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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