Which stocks are most correlated with OTTR?

Based on one year of daily returns, the stocks most correlated with Otter Tail Corp (OTTR) are HSMV (0.55), CSB (0.55) and REGL (0.54). 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 OTTR?

Over the past year, the stocks most inversely correlated with Otter Tail Corp (OTTR) are SRS (-0.39), SDP (-0.39) and SKRE (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.

Otter Tail Corp (OTTR) — Stock Correlations & Overview

Over the past year, OTTR has moved most closely with HSMV, CSB, REGL. Explore the stocks most correlated and inversely correlated with OTTR below, along with its price, financials, and company profile.

Stocks correlated with OTTR

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

Most correlated with OTTR

Symbol	Company	Correlation
HSMV	First Trust Horizon Managed Volatility Small/Mid ETF	0.55
CSB	VictoryShares US Small Cap High Div Volatility Wtd ETF	0.55
REGL	ProShares S&P MidCap 400 Dividend Aristocrats ETF	0.54
TMDV	ProShares Russell US Dividend Growers ETF	0.54
SMDV	ProShares Russell 2000 Dividend Growers ETF	0.53

Most inversely correlated with OTTR

Symbol	Company	Correlation
SRS	ProShares UltraShort Real Estate	-0.39
SDP	ProShares UltraShort Utilities	-0.39
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.39
DRV	Direxion Daily Real Estate Bear 3X ETF	-0.39
REK	ProShares Short Real Estate	-0.39

Frequently asked questions about OTTR correlations

Which stocks are most correlated with OTTR?: Based on one year of daily returns, the stocks most correlated with Otter Tail Corp (OTTR) are HSMV (0.55), CSB (0.55) and REGL (0.54). 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 OTTR?: Over the past year, the stocks most inversely correlated with Otter Tail Corp (OTTR) are SRS (-0.39), SDP (-0.39) and SKRE (-0.39). 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 OTTR correlations calculated?: We compute the correlation of daily returns between OTTR 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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