Option Care Health, Inc. Common Stock (OPCH) — Stock Correlations & Overview
Over the past year, OPCH has moved most closely with CHH, CHKP, CLMB. Explore the stocks most correlated and inversely correlated with OPCH below, along with its price, financials, and company profile.
Stocks correlated with OPCH
Correlation of daily returns. Higher positive values move with OPCH; negative values move opposite it. Informational only, not investment advice.
Most correlated with OPCH
| Symbol | Company | Correlation |
|---|---|---|
| CHH | Choice Hotels Intnl.HOTELS & MOTELS | 0.45 |
| CHKP | Check Point Software Technologies Ltd | 0.43 |
| CLMB | Climb Global Solutions, Inc. Common StockWHOLESALE-COMPUTERS & PERIPHERAL EQUIPMENT & SOFTWARE | 0.43 |
| BCPC | Balchem CorporationCHEMICALS & ALLIED PRODUCTS | 0.37 |
| WAY | Waystar Holding Corp. Common StockSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.37 |
Most inversely correlated with OPCH
| Symbol | Company | Correlation |
|---|---|---|
| BAND | Bandwidth Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | -0.40 |
| XRX | Xerox Holdings Corporation Common StockCOMPUTER PERIPHERAL EQUIPMENT, NEC | -0.34 |
| PWR | Quanta Services, Inc.ELECTRICAL WORK | -0.34 |
| GTX | Garrett Motion Inc. Common StockMOTOR VEHICLE PARTS & ACCESSORIES | -0.33 |
| MRAM | Everspin Technologies, IncSEMICONDUCTORS & RELATED DEVICES | -0.33 |
Frequently asked questions about OPCH correlations
- Which stocks are most correlated with OPCH?
- Based on one year of daily returns, the stocks most correlated with Option Care Health, Inc. Common Stock (OPCH) are CHH (0.45), CHKP (0.43) and CLMB (0.43). 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 OPCH?
- Over the past year, the stocks most inversely correlated with Option Care Health, Inc. Common Stock (OPCH) are BAND (-0.40), XRX (-0.34) and PWR (-0.34). 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 OPCH correlations calculated?
- We compute the correlation of daily returns between OPCH 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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