Nutrien Ltd. Common Shares (NTR) — Stock Correlations & Overview
Over the past year, NTR has moved most closely with CF, IPI, GUNR. Explore the stocks most correlated and inversely correlated with NTR below, along with its price, financials, and company profile.
Stocks correlated with NTR
Correlation of daily returns. Higher positive values move with NTR; negative values move opposite it. Informational only, not investment advice.
Most correlated with NTR
| Symbol | Company | Correlation |
|---|---|---|
| CF | CF Industries Holding, Inc.AGRICULTURAL CHEMICALS | 0.69 |
| IPI | Intrepid Potash, IncMINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) | 0.61 |
| GUNR | Northern Trust Morningstar Global Upstream Natural Resources ETF | 0.57 |
| MOO | VanEck Agribusiness ETF | 0.57 |
| TURF | T. Rowe Price Natural Resource ETF | 0.54 |
Most inversely correlated with NTR
| Symbol | Company | Correlation |
|---|---|---|
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.50 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.50 |
| DUG | ProShares UltraShort Energy | -0.50 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.50 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.49 |
Frequently asked questions about NTR correlations
- Which stocks are most correlated with NTR?
- Based on one year of daily returns, the stocks most correlated with Nutrien Ltd. Common Shares (NTR) are CF (0.69), IPI (0.61) and GUNR (0.57). 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 NTR?
- Over the past year, the stocks most inversely correlated with Nutrien Ltd. Common Shares (NTR) are NRGD (-0.50), WTID (-0.50) and DUG (-0.50). 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 NTR correlations calculated?
- We compute the correlation of daily returns between NTR 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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