PetMed Express, Inc. (PETS) — Stock Correlations & Overview
Over the past year, PETS has moved most closely with ARDT, KRRO, GEMI. Explore the stocks most correlated and inversely correlated with PETS below, along with its price, financials, and company profile.
Stocks correlated with PETS
Correlation of daily returns. Higher positive values move with PETS; negative values move opposite it. Informational only, not investment advice.
Most correlated with PETS
| Symbol | Company | Correlation |
|---|---|---|
| ARDT | Ardent Health, Inc.SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC | 0.45 |
| KRRO | Korro Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.42 |
| GEMI | Gemini Space Station, Inc. Class A Common StockFINANCE SERVICES | 0.38 |
| CPAC | CEMENTOS PACASMAYO S.A.A. | 0.33 |
| CPRY | Calamos Russell 2000 Structured Alt Protection ETF - January | 0.32 |
Most inversely correlated with PETS
| Symbol | Company | Correlation |
|---|---|---|
| RZLT | Rezolute, Inc. Common Stock (NV)PHARMACEUTICAL PREPARATIONS | -0.49 |
| OCG | Oriental Culture Holding LTD Ordinary Shares | -0.39 |
| CISS | C3is Inc. Common Stock | -0.30 |
| GRI | GRI Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.27 |
| TWM | ProShares UltraShort Russell2000 | -0.26 |
Frequently asked questions about PETS correlations
- Which stocks are most correlated with PETS?
- Based on one year of daily returns, the stocks most correlated with PetMed Express, Inc. (PETS) are ARDT (0.45), KRRO (0.42) and GEMI (0.38). 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 PETS?
- Over the past year, the stocks most inversely correlated with PetMed Express, Inc. (PETS) are RZLT (-0.49), OCG (-0.39) and CISS (-0.30). 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 PETS correlations calculated?
- We compute the correlation of daily returns between PETS 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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