Pinterest, Inc. Class A Common Stock (PINS) — Stock Correlations & Overview
Over the past year, PINS has moved most closely with FLUT, TOGA, SNAP. Explore the stocks most correlated and inversely correlated with PINS below, along with its price, financials, and company profile.
Stocks correlated with PINS
Correlation of daily returns. Higher positive values move with PINS; negative values move opposite it. Informational only, not investment advice.
Most correlated with PINS
| Symbol | Company | Correlation |
|---|---|---|
| FLUT | Flutter Entertainment plcSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.49 |
| TOGA | Tremblant Global ETF | 0.46 |
| SNAP | Snap Inc.SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.45 |
| ANGI | Angi Inc. Class A Common StockSERVICES-ADVERTISING | 0.45 |
| PNQI | Invesco NASDAQ Internet ETF | 0.45 |
Most inversely correlated with PINS
| Symbol | Company | Correlation |
|---|---|---|
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.40 |
| MTC | MMTec, Inc. Common Shares | -0.38 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.34 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.33 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.29 |
Frequently asked questions about PINS correlations
- Which stocks are most correlated with PINS?
- Based on one year of daily returns, the stocks most correlated with Pinterest, Inc. Class A Common Stock (PINS) are FLUT (0.49), TOGA (0.46) and SNAP (0.45). 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 PINS?
- Over the past year, the stocks most inversely correlated with Pinterest, Inc. Class A Common Stock (PINS) are WEBS (-0.40), MTC (-0.38) and HDGE (-0.34). 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 PINS correlations calculated?
- We compute the correlation of daily returns between PINS 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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