Which stocks are most correlated with PAHC?

Based on one year of daily returns, the stocks most correlated with Phibro Animal Health Corporation Class A (PAHC) are ZTS (0.60), IBP (0.53) and TRDA (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 PAHC?

Over the past year, the stocks most inversely correlated with Phibro Animal Health Corporation Class A (PAHC) are SDD (-0.35), MZZ (-0.35) and MYY (-0.35). A negative correlation means the two stocks have tended to move in opposite directions.

Phibro Animal Health Corporation Class A (PAHC) — Stock Correlations & Overview

Over the past year, PAHC has moved most closely with ZTS, IBP, TRDA. Explore the stocks most correlated and inversely correlated with PAHC below, along with its price, financials, and company profile.

Stocks correlated with PAHC

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

Most correlated with PAHC

Symbol	Company	Correlation
ZTS	ZOETIS INC.PHARMACEUTICAL PREPARATIONS	0.60
IBP	INSTALLED BUILDING PRODUCTS, INC.GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS	0.53
TRDA	Entrada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.52
ENGN	enGene Therapeutics Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.52
ELAN	Elanco Animal Health Incorporated Common StockPHARMACEUTICAL PREPARATIONS	0.51

Most inversely correlated with PAHC

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.35
MZZ	ProShares UltraShort MidCap400	-0.35
MYY	ProShares Short MidCap400	-0.35
SMDD	ProShares UltraPro Short MidCap400	-0.34
SBB	ProShares Short SmallCap600	-0.34

Frequently asked questions about PAHC correlations

Which stocks are most correlated with PAHC?: Based on one year of daily returns, the stocks most correlated with Phibro Animal Health Corporation Class A (PAHC) are ZTS (0.60), IBP (0.53) and TRDA (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 PAHC?: Over the past year, the stocks most inversely correlated with Phibro Animal Health Corporation Class A (PAHC) are SDD (-0.35), MZZ (-0.35) and MYY (-0.35). 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 PAHC correlations calculated?: We compute the correlation of daily returns between PAHC 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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