Which stocks are most correlated with PLNT?

Based on one year of daily returns, the stocks most correlated with Planet Fitness, Inc. (PLNT) are ENGN (0.66), TRDA (0.63) and IBP (0.57). 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 PLNT?

Over the past year, the stocks most inversely correlated with Planet Fitness, Inc. (PLNT) are APT (-0.47), FTNT (-0.33) and AGL (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

Planet Fitness, Inc. (PLNT) — Stock Correlations & Overview

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

Stocks correlated with PLNT

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

Most correlated with PLNT

Symbol	Company	Correlation
ENGN	enGene Therapeutics Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.66
TRDA	Entrada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.63
IBP	INSTALLED BUILDING PRODUCTS, INC.GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS	0.57
SHAK	Shake Shack Inc.RETAIL-EATING & DRINKING PLACES	0.49
ZTS	ZOETIS INC.PHARMACEUTICAL PREPARATIONS	0.49

Most inversely correlated with PLNT

Symbol	Company	Correlation
APT	Alpha Pro Tech, Ltd.ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES	-0.47
FTNT	Fortinet, Inc.COMPUTER PERIPHERAL EQUIPMENT, NEC	-0.33
AGL	agilon health, inc.SERVICES-MISC HEALTH & ALLIED SERVICES, NEC	-0.31
ASPN	Aspen Aerogels, Inc.WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS	-0.29
GLE	Global Engine Group Holding Limited Class A Ordinary Shares	-0.29

Frequently asked questions about PLNT correlations

Which stocks are most correlated with PLNT?: Based on one year of daily returns, the stocks most correlated with Planet Fitness, Inc. (PLNT) are ENGN (0.66), TRDA (0.63) and IBP (0.57). 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 PLNT?: Over the past year, the stocks most inversely correlated with Planet Fitness, Inc. (PLNT) are APT (-0.47), FTNT (-0.33) and AGL (-0.31). 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 PLNT correlations calculated?: We compute the correlation of daily returns between PLNT 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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