Which stocks are most correlated with KGS?

Based on one year of daily returns, the stocks most correlated with Kodiak Gas Services, Inc. (KGS) are AROC (0.76), NGS (0.59) and USNG (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 KGS?

Over the past year, the stocks most inversely correlated with Kodiak Gas Services, Inc. (KGS) are SOXS (-0.34), SMDD (-0.32) and MMS (-0.32). A negative correlation means the two stocks have tended to move in opposite directions.

Kodiak Gas Services, Inc. (KGS) — Stock Correlations & Overview

Over the past year, KGS has moved most closely with AROC, NGS, USNG. Explore the stocks most correlated and inversely correlated with KGS below, along with its price, financials, and company profile.

Stocks correlated with KGS

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

Most correlated with KGS

Symbol	Company	Correlation
AROC	Archrock IncNATURAL GAS TRANSMISSION	0.76
NGS	Natural Gas Services Group, Inc.OIL & GAS FIELD SERVICES, NEC	0.59
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ETF	0.54
XES	State Street SPDR S&P Oil & Gas Equipment & Services ETF	0.48
PSCE	Invesco S&P SmallCap Energy ETFINVESTMENT ADVICE	0.46

Most inversely correlated with KGS

Symbol	Company	Correlation
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.34
SMDD	ProShares UltraPro Short MidCap400	-0.32
MMS	MAXIMUS, Inc.SERVICES-BUSINESS SERVICES, NEC	-0.32
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.32
MYY	ProShares Short MidCap400	-0.32

Frequently asked questions about KGS correlations

Which stocks are most correlated with KGS?: Based on one year of daily returns, the stocks most correlated with Kodiak Gas Services, Inc. (KGS) are AROC (0.76), NGS (0.59) and USNG (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 KGS?: Over the past year, the stocks most inversely correlated with Kodiak Gas Services, Inc. (KGS) are SOXS (-0.34), SMDD (-0.32) and MMS (-0.32). 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 KGS correlations calculated?: We compute the correlation of daily returns between KGS 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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