Which stocks are most correlated with PPC?

Based on one year of daily returns, the stocks most correlated with Pilgrims Pride Corporation (PPC) are FXG (0.56), SPHD (0.48) and RSPS (0.47). 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 PPC?

Over the past year, the stocks most inversely correlated with Pilgrims Pride Corporation (PPC) are SZK (-0.43), DRV (-0.35) and SRS (-0.35). A negative correlation means the two stocks have tended to move in opposite directions.

Pilgrims Pride Corporation (PPC) — Stock Correlations & Overview

Over the past year, PPC has moved most closely with FXG, SPHD, RSPS. Explore the stocks most correlated and inversely correlated with PPC below, along with its price, financials, and company profile.

Stocks correlated with PPC

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

Most correlated with PPC

Symbol	Company	Correlation
FXG	First Trust Consumer Staples AlphaDEX Fund	0.56
SPHD	Invesco S&P 500 High Dividend Low Volatility ETFINVESTMENT ADVICE	0.48
RSPS	Invesco S&P 500 Equal Weight Consumer Staples ETF	0.47
PBJ	Invesco Food & Beverage ETF	0.47
FTXG	First Trust Nasdaq Food & Beverage ETF	0.47

Most inversely correlated with PPC

Symbol	Company	Correlation
SZK	ProShares UltraShort Consumer Staples	-0.43
DRV	Direxion Daily Real Estate Bear 3X ETF	-0.35
SRS	ProShares UltraShort Real Estate	-0.35
RXD	ProShares UltraShort Health Care	-0.35
REK	ProShares Short Real Estate	-0.34

Frequently asked questions about PPC correlations

Which stocks are most correlated with PPC?: Based on one year of daily returns, the stocks most correlated with Pilgrims Pride Corporation (PPC) are FXG (0.56), SPHD (0.48) and RSPS (0.47). 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 PPC?: Over the past year, the stocks most inversely correlated with Pilgrims Pride Corporation (PPC) are SZK (-0.43), DRV (-0.35) and SRS (-0.35). 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 PPC correlations calculated?: We compute the correlation of daily returns between PPC 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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