PBF ENERGY INC. (PBF) — Stock Correlations & Overview
Over the past year, PBF has moved most closely with VLO, DINO, DK. Explore the stocks most correlated and inversely correlated with PBF below, along with its price, financials, and company profile.
Stocks correlated with PBF
Correlation of daily returns. Higher positive values move with PBF; negative values move opposite it. Informational only, not investment advice.
Most correlated with PBF
| Symbol | Company | Correlation |
|---|---|---|
| VLO | Valero Energy CorporationPETROLEUM REFINING | 0.78 |
| DINO | HF Sinclair CorporationPIPE LINES (NO NATURAL GAS) | 0.77 |
| DK | Delek US Holdings, Inc.PETROLEUM REFINING | 0.77 |
| PARR | Par Pacific Holdings, Inc. Common StockCRUDE PETROLEUM & NATURAL GAS | 0.74 |
| MPC | MARATHON PETROLEUM CORPORATIONPETROLEUM REFINING | 0.74 |
Most inversely correlated with PBF
| Symbol | Company | Correlation |
|---|---|---|
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.68 |
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.66 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.63 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.57 |
| DUG | ProShares UltraShort Energy | -0.57 |
Frequently asked questions about PBF correlations
- Which stocks are most correlated with PBF?
- Based on one year of daily returns, the stocks most correlated with PBF ENERGY INC. (PBF) are VLO (0.78), DINO (0.77) and DK (0.77). 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 PBF?
- Over the past year, the stocks most inversely correlated with PBF ENERGY INC. (PBF) are DRIP (-0.68), NRGD (-0.66) and WTID (-0.63). 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 PBF correlations calculated?
- We compute the correlation of daily returns between PBF 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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