OneSpaWorld Holdings Limited Common Shares (OSW) — Stock Correlations & Overview
Over the past year, OSW has moved most closely with SDVY, CCL, PEJ. Explore the stocks most correlated and inversely correlated with OSW below, along with its price, financials, and company profile.
Stocks correlated with OSW
Correlation of daily returns. Higher positive values move with OSW; negative values move opposite it. Informational only, not investment advice.
Most correlated with OSW
| Symbol | Company | Correlation |
|---|---|---|
| SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | 0.53 |
| CCL | Carnival Corporation Ltd.WATER TRANSPORTATION | 0.53 |
| PEJ | Invesco Leisure and Entertainment ETF | 0.52 |
| FLQS | Franklin U.S. Small Cap Multifactor Index ETF | 0.51 |
| OUSM | ALPS O'Shares U.S. Small-Cap Quality Dividend ETF | 0.51 |
Frequently asked questions about OSW correlations
- Which stocks are most correlated with OSW?
- Based on one year of daily returns, the stocks most correlated with OneSpaWorld Holdings Limited Common Shares (OSW) are SDVY (0.53), CCL (0.53) and PEJ (0.52). 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 OSW?
- Over the past year, the stocks most inversely correlated with OneSpaWorld Holdings Limited Common Shares (OSW) are FLYD (-0.50), SMDD (-0.49) and SBB (-0.49). 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 OSW correlations calculated?
- We compute the correlation of daily returns between OSW 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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