PACS Group, Inc. (PACS) — Stock Correlations & Overview
Over the past year, PACS has moved most closely with ZYME, XHS, TYRA. Explore the stocks most correlated and inversely correlated with PACS below, along with its price, financials, and company profile.
Stocks correlated with PACS
Correlation of daily returns. Higher positive values move with PACS; negative values move opposite it. Informational only, not investment advice.
Most correlated with PACS
| Symbol | Company | Correlation |
|---|---|---|
| ZYME | Zymeworks Inc.PHARMACEUTICAL PREPARATIONS | 0.38 |
| XHS | State Street SPDR S&P Health Care Services ETF | 0.32 |
| TYRA | Tyra Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.29 |
| ANNX | Annexon, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.28 |
| CNM | Core & Main, Inc.WHOLESALE-DURABLE GOODS, NEC | 0.27 |
Most inversely correlated with PACS
| Symbol | Company | Correlation |
|---|---|---|
| SLMT | Brera Holdings PLC Class B Ordinary Shares | -0.34 |
| CWD | CaliberCos Inc. Class A Common StockREAL ESTATE | -0.30 |
| JXG | JX Luxventure Limited Common Stock | -0.28 |
| ISPC | iSpecimen Inc. Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH | -0.25 |
| NAKA | Nakamoto Inc. Common StockFINANCE SERVICES | -0.24 |
Frequently asked questions about PACS correlations
- Which stocks are most correlated with PACS?
- Based on one year of daily returns, the stocks most correlated with PACS Group, Inc. (PACS) are ZYME (0.38), XHS (0.32) and TYRA (0.29). 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 PACS?
- Over the past year, the stocks most inversely correlated with PACS Group, Inc. (PACS) are SLMT (-0.34), CWD (-0.30) and JXG (-0.28). 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 PACS correlations calculated?
- We compute the correlation of daily returns between PACS 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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