Which stocks are most correlated with PAR?

Based on one year of daily returns, the stocks most correlated with PAR Technology Corp. (PAR) are TMFM (0.56), XSW (0.55) and TOST (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 PAR?

Over the past year, the stocks most inversely correlated with PAR Technology Corp. (PAR) are HDGE (-0.52), DWSH (-0.44) and SEF (-0.42). A negative correlation means the two stocks have tended to move in opposite directions.

PAR Technology Corp. (PAR) — Stock Correlations & Overview

Over the past year, PAR has moved most closely with TMFM, XSW, TOST. Explore the stocks most correlated and inversely correlated with PAR below, along with its price, financials, and company profile.

Stocks correlated with PAR

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

Most correlated with PAR

Symbol	Company	Correlation
TMFM	Motley Fool Mid-Cap Growth ETF	0.56
XSW	State Street SPDR S&P Software & Services ETF	0.55
TOST	Toast, Inc.SERVICES-COMPUTER PROCESSING & DATA PREPARATION	0.54
MVPA	Miller Value Partners Appreciation ETF	0.53
TOGA	Tremblant Global ETF	0.52

Most inversely correlated with PAR

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.52
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.44
SEF	ProShares Short Financials	-0.42
SKF	ProShares UltraShort Financials	-0.42
FAZ	Direxion Daily Financial Bear 3x ETF	-0.42

Frequently asked questions about PAR correlations

Which stocks are most correlated with PAR?: Based on one year of daily returns, the stocks most correlated with PAR Technology Corp. (PAR) are TMFM (0.56), XSW (0.55) and TOST (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 PAR?: Over the past year, the stocks most inversely correlated with PAR Technology Corp. (PAR) are HDGE (-0.52), DWSH (-0.44) and SEF (-0.42). 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 PAR correlations calculated?: We compute the correlation of daily returns between PAR 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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