Insperity, Inc (NSP) — Stock Correlations & Overview
Over the past year, NSP has moved most closely with TNET, ADP, PAYX. Explore the stocks most correlated and inversely correlated with NSP below, along with its price, financials, and company profile.
Stocks correlated with NSP
Correlation of daily returns. Higher positive values move with NSP; negative values move opposite it. Informational only, not investment advice.
Most correlated with NSP
| Symbol | Company | Correlation |
|---|---|---|
| TNET | TRINET GROUP, INC.SERVICES-BUSINESS SERVICES, NEC | 0.73 |
| ADP | Automatic Data ProcessingSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.53 |
| PAYX | Paychex IncSERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT | 0.53 |
| SOVF | Sovereign's Capital Flourish Fund | 0.52 |
| MAN | ManpowerGroupSERVICES-HELP SUPPLY SERVICES | 0.51 |
Frequently asked questions about NSP correlations
- Which stocks are most correlated with NSP?
- Based on one year of daily returns, the stocks most correlated with Insperity, Inc (NSP) are TNET (0.73), ADP (0.53) and PAYX (0.53). 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 NSP?
- Over the past year, the stocks most inversely correlated with Insperity, Inc (NSP) are HDGE (-0.43), DWSH (-0.40) and SKF (-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 NSP correlations calculated?
- We compute the correlation of daily returns between NSP 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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