Kelly Services Inc (KELYA) — Stock Correlations & Overview
Over the past year, KELYA has moved most closely with MAN, KFY, PEY. Explore the stocks most correlated and inversely correlated with KELYA below, along with its price, financials, and company profile.
Stocks correlated with KELYA
Correlation of daily returns. Higher positive values move with KELYA; negative values move opposite it. Informational only, not investment advice.
Most correlated with KELYA
| Symbol | Company | Correlation |
|---|---|---|
| MAN | ManpowerGroupSERVICES-HELP SUPPLY SERVICES | 0.59 |
| KFY | Korn FerrySERVICES-EMPLOYMENT AGENCIES | 0.56 |
| PEY | Invesco High Yield Equity Dividend Achievers ETF | 0.54 |
| RHI | Robert Half Inc.SERVICES-HELP SUPPLY SERVICES | 0.51 |
| SMLL | Harbor Active Small Cap ETF | 0.50 |
Most inversely correlated with KELYA
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.47 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.43 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.35 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.32 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.30 |
Frequently asked questions about KELYA correlations
- Which stocks are most correlated with KELYA?
- Based on one year of daily returns, the stocks most correlated with Kelly Services Inc (KELYA) are MAN (0.59), KFY (0.56) and PEY (0.54). 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 KELYA?
- Over the past year, the stocks most inversely correlated with Kelly Services Inc (KELYA) are HDGE (-0.47), DWSH (-0.43) and EMTY (-0.35). 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 KELYA correlations calculated?
- We compute the correlation of daily returns between KELYA 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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