Oil-Dri Corporation of America (ODC) — Stock Correlations & Overview

Over the past year, ODC has moved most closely with LGIH, CCS, BCPC. Explore the stocks most correlated and inversely correlated with ODC below, along with its price, financials, and company profile.

Stocks correlated with ODC

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

Most correlated with ODC

SymbolCompanyCorrelation
LGIHLGI Homes, Inc.OPERATIVE BUILDERS0.39
CCSCENTURY COMMUNITIES, INC.OPERATIVE BUILDERS0.37
BCPCBalchem CorporationCHEMICALS & ALLIED PRODUCTS0.37
TMDVProShares Russell US Dividend Growers ETF0.37
HSMVFirst Trust Horizon Managed Volatility Small/Mid ETF0.37

Most inversely correlated with ODC

SymbolCompanyCorrelation
EHEHang Holdings Limited ADS-0.28
SRSProShares UltraShort Real Estate-0.27
REKProShares Short Real Estate-0.26
DRVDirexion Daily Real Estate Bear 3X ETF-0.26
SMNProShares UltraShort Materials-0.26

Frequently asked questions about ODC correlations

Which stocks are most correlated with ODC?
Based on one year of daily returns, the stocks most correlated with Oil-Dri Corporation of America (ODC) are LGIH (0.39), CCS (0.37) and BCPC (0.37). 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 ODC?
Over the past year, the stocks most inversely correlated with Oil-Dri Corporation of America (ODC) are EH (-0.28), SRS (-0.27) and REK (-0.26). 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 ODC correlations calculated?
We compute the correlation of daily returns between ODC 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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