NIQ Global Intelligence plc (NIQ) — Stock Correlations & Overview
Over the past year, NIQ has moved most closely with JKHY, TRU, FDS. Explore the stocks most correlated and inversely correlated with NIQ below, along with its price, financials, and company profile.
Stocks correlated with NIQ
Correlation of daily returns. Higher positive values move with NIQ; negative values move opposite it. Informational only, not investment advice.
Most correlated with NIQ
| Symbol | Company | Correlation |
|---|---|---|
| JKHY | Henry (Jack) & AssociatesSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.43 |
| TRU | TransUnionSERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES | 0.42 |
| FDS | Factset Research SystemsSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.42 |
| TMFM | Motley Fool Mid-Cap Growth ETF | 0.42 |
| EFX | Equifax, IncorporatedSERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES | 0.41 |
Most inversely correlated with NIQ
| Symbol | Company | Correlation |
|---|---|---|
| PDSB | PDS Biotechnology Corporation Common StockPHARMACEUTICAL PREPARATIONS | -0.36 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.34 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.30 |
| ZONE | Zone Frontier Inc.SPECIALTY CLEANING, POLISHING AND SANITATION PREPARATIONS | -0.29 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.26 |
Frequently asked questions about NIQ correlations
- Which stocks are most correlated with NIQ?
- Based on one year of daily returns, the stocks most correlated with NIQ Global Intelligence plc (NIQ) are JKHY (0.43), TRU (0.42) and FDS (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 NIQ?
- Over the past year, the stocks most inversely correlated with NIQ Global Intelligence plc (NIQ) are PDSB (-0.36), HDGE (-0.34) and DWSH (-0.30). 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 NIQ correlations calculated?
- We compute the correlation of daily returns between NIQ 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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