Which stocks are most correlated with PNTG?

Based on one year of daily returns, the stocks most correlated with The Pennant Group, Inc. Common Stock (PNTG) are XHS (0.49), IHF (0.46) and UHS (0.42). 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 PNTG?

Over the past year, the stocks most inversely correlated with The Pennant Group, Inc. Common Stock (PNTG) are RXD (-0.34), EMTY (-0.25) and SZK (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

The Pennant Group, Inc. Common Stock (PNTG) — Stock Correlations & Overview

Over the past year, PNTG has moved most closely with XHS, IHF, UHS. Explore the stocks most correlated and inversely correlated with PNTG below, along with its price, financials, and company profile.

Stocks correlated with PNTG

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

Most correlated with PNTG

Symbol	Company	Correlation
XHS	State Street SPDR S&P Health Care Services ETF	0.49
IHF	iShares U.S. Healthcare Providers ETF	0.46
UHS	Universal Health Services, Inc. Class BSERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC	0.42
AVAH	Aveanna Healthcare Holdings Inc. Common StockSERVICES-HOME HEALTH CARE SERVICES	0.41
ADUS	Addus HomeCare Corp.SERVICES-HOME HEALTH CARE SERVICES	0.40

Most inversely correlated with PNTG

Symbol	Company	Correlation
RXD	ProShares UltraShort Health Care	-0.34
EMTY	ProShares Decline of the Retail Store ETF	-0.25
SZK	ProShares UltraShort Consumer Staples	-0.23
APA	APA Corporation Common StockCRUDE PETROLEUM & NATURAL GAS	-0.22
ONEG	OneConstruction Group Limited Ordinary Shares	-0.21

Frequently asked questions about PNTG correlations

Which stocks are most correlated with PNTG?: Based on one year of daily returns, the stocks most correlated with The Pennant Group, Inc. Common Stock (PNTG) are XHS (0.49), IHF (0.46) and UHS (0.42). 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 PNTG?: Over the past year, the stocks most inversely correlated with The Pennant Group, Inc. Common Stock (PNTG) are RXD (-0.34), EMTY (-0.25) and SZK (-0.23). 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 PNTG correlations calculated?: We compute the correlation of daily returns between PNTG 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.