OSI Systems Inc (OSIS) — Stock Correlations & Overview

Over the past year, OSIS has moved most closely with FFOX, KFEB, VIOG. Explore the stocks most correlated and inversely correlated with OSIS below, along with its price, financials, and company profile.

Stocks correlated with OSIS

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

Most correlated with OSIS

SymbolCompanyCorrelation
FFOXFundX Future Fund Opportunities ETF0.51
KFEBInnovator U.S. Small Cap Power Buffer ETF - February0.48
VIOGVanguard S&P Small-Cap 600 Growth ETF0.47
KNOVInnovator U.S. Small Cap Power Buffer ETF - November0.47
IWMiShares Russell 2000 ETF0.47

Most inversely correlated with OSIS

SymbolCompanyCorrelation
SRTYProShares UltraPro Short Russell2000-0.47
TZADirexion Daily Small Cap Bear 3x ETF-0.47
TWMProShares UltraShort Russell2000-0.47
RWMProShares Short Russell2000-0.46
SMDDProShares UltraPro Short MidCap400-0.45

Frequently asked questions about OSIS correlations

Which stocks are most correlated with OSIS?
Based on one year of daily returns, the stocks most correlated with OSI Systems Inc (OSIS) are FFOX (0.51), KFEB (0.48) and VIOG (0.47). 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 OSIS?
Over the past year, the stocks most inversely correlated with OSI Systems Inc (OSIS) are SRTY (-0.47), TZA (-0.47) and TWM (-0.47). 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 OSIS correlations calculated?
We compute the correlation of daily returns between OSIS 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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