Kewaunee Scientific Corp (KEQU) — Stock Correlations & Overview
Over the past year, KEQU has moved most closely with PESI, NOA, ENVX. Explore the stocks most correlated and inversely correlated with KEQU below, along with its price, financials, and company profile.
Stocks correlated with KEQU
Correlation of daily returns. Higher positive values move with KEQU; negative values move opposite it. Informational only, not investment advice.
Most correlated with KEQU
| Symbol | Company | Correlation |
|---|---|---|
| PESI | Perma-Fix Environmental Services, Inc.HAZARDOUS WASTE MANAGEMENT | 0.30 |
| NOA | North American Construction Group Ltd. | 0.28 |
| ENVX | Enovix Corporation Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.28 |
| STRR | Star Equity Holdings, Inc. Common StockSERVICES-HELP SUPPLY SERVICES | 0.27 |
| CHRI | Global X S&P 500 Christian Values ETF | 0.27 |
Most inversely correlated with KEQU
| Symbol | Company | Correlation |
|---|---|---|
| MOGU | MOGU Inc. American Depositary Shares, each representing three-hundred (300) Class A Ordinary Shares | -0.34 |
| MAZE | Maze Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.33 |
| WBD | Warner Bros. Discovery, Inc. Series A Common StockCABLE & OTHER PAY TELEVISION SERVICES | -0.29 |
| VNCE | Vince Holding Corp. Common StockRETAIL-APPAREL & ACCESSORY STORES | -0.26 |
| MSC | Studio City International Holdings Limited American depositary shares, each representing four Class A ordinary shares | -0.25 |
Frequently asked questions about KEQU correlations
- Which stocks are most correlated with KEQU?
- Based on one year of daily returns, the stocks most correlated with Kewaunee Scientific Corp (KEQU) are PESI (0.30), NOA (0.28) and ENVX (0.28). 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 KEQU?
- Over the past year, the stocks most inversely correlated with Kewaunee Scientific Corp (KEQU) are MOGU (-0.34), MAZE (-0.33) and WBD (-0.29). 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 KEQU correlations calculated?
- We compute the correlation of daily returns between KEQU 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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