KVH Industries Inc (KVHI) — Stock Correlations & Overview
Over the past year, KVHI has moved most closely with HLIT, FFGX, IQDY. Explore the stocks most correlated and inversely correlated with KVHI below, along with its price, financials, and company profile.
Stocks correlated with KVHI
Correlation of daily returns. Higher positive values move with KVHI; negative values move opposite it. Informational only, not investment advice.
Most correlated with KVHI
| Symbol | Company | Correlation |
|---|---|---|
| HLIT | Harmonic IncRADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT | 0.36 |
| FFGX | Fidelity Fundamental Global ex-U.S. ETF | 0.35 |
| IQDY | Northern Trust International Quality Dividend Dynamic ETF | 0.35 |
| IBOT | VanEck Robotics ETF | 0.34 |
| VNIE | Vontobel International Equity Active ETF | 0.34 |
Most inversely correlated with KVHI
| Symbol | Company | Correlation |
|---|---|---|
| EWV | ProShares Trust UltraShort MSCI Japan | -0.33 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.31 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.31 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.31 |
| RWM | ProShares Short Russell2000 | -0.30 |
Frequently asked questions about KVHI correlations
- Which stocks are most correlated with KVHI?
- Based on one year of daily returns, the stocks most correlated with KVH Industries Inc (KVHI) are HLIT (0.36), FFGX (0.35) and IQDY (0.35). 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 KVHI?
- Over the past year, the stocks most inversely correlated with KVH Industries Inc (KVHI) are EWV (-0.33), EEV (-0.31) and EDZ (-0.31). 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 KVHI correlations calculated?
- We compute the correlation of daily returns between KVHI 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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