Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) — Stock Correlations & Overview
Over the past year, NCLH has moved most closely with CCL, FLYU, RCL. Explore the stocks most correlated and inversely correlated with NCLH below, along with its price, financials, and company profile.
Stocks correlated with NCLH
Correlation of daily returns. Higher positive values move with NCLH; negative values move opposite it. Informational only, not investment advice.
Most correlated with NCLH
| Symbol | Company | Correlation |
|---|---|---|
| CCL | Carnival Corporation Ltd.WATER TRANSPORTATION | 0.82 |
| FLYU | MicroSectors Travel 3x Leveraged ETNCOMMERCIAL BANKS, NEC | 0.76 |
| RCL | Royal Caribbean GroupWATER TRANSPORTATION | 0.75 |
| PEJ | Invesco Leisure and Entertainment ETF | 0.69 |
| JETS | U.S. Global Jets ETF | 0.69 |
Most inversely correlated with NCLH
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.76 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.65 |
| SDOW | ProShares UltraPro Short Dow 30 | -0.53 |
| DXD | ProShares UltraShort Dow 30 | -0.53 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.53 |
Frequently asked questions about NCLH correlations
- Which stocks are most correlated with NCLH?
- Based on one year of daily returns, the stocks most correlated with Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) are CCL (0.82), FLYU (0.76) and RCL (0.75). 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 NCLH?
- Over the past year, the stocks most inversely correlated with Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) are FLYD (-0.76), JETD (-0.65) and SDOW (-0.53). 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 NCLH correlations calculated?
- We compute the correlation of daily returns between NCLH 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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