Insight Enterprises Inc (NSIT) — Stock Correlations & Overview

Over the past year, NSIT has moved most closely with GEN, DTEC, QOWZ. Explore the stocks most correlated and inversely correlated with NSIT below, along with its price, financials, and company profile.

Stocks correlated with NSIT

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

Most correlated with NSIT

SymbolCompanyCorrelation
GENGen Digital Inc. Common StockSERVICES-PREPACKAGED SOFTWARE0.57
DTECALPS Disruptive Technologies ETF0.55
QOWZInvesco Nasdaq Free Cash Flow Achievers ETFINVESTMENT ADVICE0.54
UCYBProShares Ultra Nasdaq Cybersecurity ETF0.53
CIBRFirst Trust Exchange-Traded Fund II First Trust NASDAQ Cybersecurity ETF0.53

Most inversely correlated with NSIT

SymbolCompanyCorrelation
HDGEAdvisorShares Ranger Equity Bear ETF-0.48
PALDDirexion Shares ETF Trust Direxion Daily PANW Bear 1X ETF-0.42
WEBSDirexion Daily Dow Jones Internet Bear 3X ETF-0.41
SDDProShares UltraShort SmallCap600-0.38
SBBProShares Short SmallCap600-0.38

Frequently asked questions about NSIT correlations

Which stocks are most correlated with NSIT?
Based on one year of daily returns, the stocks most correlated with Insight Enterprises Inc (NSIT) are GEN (0.57), DTEC (0.55) and QOWZ (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 NSIT?
Over the past year, the stocks most inversely correlated with Insight Enterprises Inc (NSIT) are HDGE (-0.48), PALD (-0.42) and WEBS (-0.41). 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 NSIT correlations calculated?
We compute the correlation of daily returns between NSIT 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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