NVR, Inc. (NVR) — Stock Correlations & Overview
Over the past year, NVR has moved most closely with NAIL, ITB, PHM. Explore the stocks most correlated and inversely correlated with NVR below, along with its price, financials, and company profile.
Stocks correlated with NVR
Correlation of daily returns. Higher positive values move with NVR; negative values move opposite it. Informational only, not investment advice.
Most correlated with NVR
| Symbol | Company | Correlation |
|---|---|---|
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | 0.81 |
| ITB | iShares U.S. Home Construction ETF | 0.80 |
| PHM | Pultegroup, Inc.OPERATIVE BUILDERS | 0.76 |
| HOMZ | Hoya Capital Housing ETF | 0.76 |
| XHB | State Street SPDR S&P Homebuilders ETF | 0.74 |
Most inversely correlated with NVR
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.56 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.51 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.51 |
| SMN | ProShares UltraShort Materials | -0.49 |
| SBB | ProShares Short SmallCap600 | -0.47 |
Frequently asked questions about NVR correlations
- Which stocks are most correlated with NVR?
- Based on one year of daily returns, the stocks most correlated with NVR, Inc. (NVR) are NAIL (0.81), ITB (0.80) and PHM (0.76). 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 NVR?
- Over the past year, the stocks most inversely correlated with NVR, Inc. (NVR) are EMTY (-0.56), FLYD (-0.51) and JETD (-0.51). 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 NVR correlations calculated?
- We compute the correlation of daily returns between NVR 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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