Molina Healthcare, Inc. (MOH) — Stock Correlations & Overview
Over the past year, MOH has moved most closely with CNC, IHF, ELV. Explore the stocks most correlated and inversely correlated with MOH below, along with its price, financials, and company profile.
Stocks correlated with MOH
Correlation of daily returns. Higher positive values move with MOH; negative values move opposite it. Informational only, not investment advice.
Most correlated with MOH
| Symbol | Company | Correlation |
|---|---|---|
| CNC | Centene CorporationHOSPITAL & MEDICAL SERVICE PLANS | 0.55 |
| IHF | iShares U.S. Healthcare Providers ETF | 0.43 |
| ELV | Elevance Health, Inc.HOSPITAL & MEDICAL SERVICE PLANS | 0.42 |
| WERN | Werner Enterprises IncTRUCKING (NO LOCAL) | 0.35 |
| STLA | Stellantis N.V. | 0.34 |
Most inversely correlated with MOH
| Symbol | Company | Correlation |
|---|---|---|
| PRLB | PROTO LABS, INC.FABRICATED STRUCTURAL METAL PRODUCTS | -0.31 |
| BILL | BILL Holdings, Inc.SERVICES-PREPACKAGED SOFTWARE | -0.28 |
| ROIV | Roivant Sciences Ltd. Common SharesPHARMACEUTICAL PREPARATIONS | -0.27 |
| MSAI | MultiSensor AI Holdings, Inc. Common StockOPTICAL INSTRUMENTS & LENSES | -0.27 |
| SCNX | Scienture Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.25 |
Frequently asked questions about MOH correlations
- Which stocks are most correlated with MOH?
- Based on one year of daily returns, the stocks most correlated with Molina Healthcare, Inc. (MOH) are CNC (0.55), IHF (0.43) and ELV (0.42). 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 MOH?
- Over the past year, the stocks most inversely correlated with Molina Healthcare, Inc. (MOH) are PRLB (-0.31), BILL (-0.28) and ROIV (-0.27). 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 MOH correlations calculated?
- We compute the correlation of daily returns between MOH 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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