Primoris Services Corporation (PRIM) — Stock Correlations & Overview
Over the past year, PRIM has moved most closely with EZGO, LMB, ASTE. Explore the stocks most correlated and inversely correlated with PRIM below, along with its price, financials, and company profile.
Stocks correlated with PRIM
Correlation of daily returns. Higher positive values move with PRIM; negative values move opposite it. Informational only, not investment advice.
Most correlated with PRIM
| Symbol | Company | Correlation |
|---|---|---|
| EZGO | EZGO Technologies Ltd. Ordinary Shares | 0.62 |
| LMB | Limbach Holdings, Inc Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS | 0.60 |
| ASTE | Astec Industries IncCONSTRUCTION MACHINERY & EQUIP | 0.55 |
| ANEL | Defiance Daily Target 2x Long ANET ETF | 0.47 |
| ANET | Arista NetworksCOMPUTER COMMUNICATIONS EQUIPMENT | 0.46 |
Most inversely correlated with PRIM
| Symbol | Company | Correlation |
|---|---|---|
| EVC | Entravision CommunicationTELEVISION BROADCASTING STATIONS | -0.46 |
| DOC | Healthpeak Properties, Inc.REAL ESTATE INVESTMENT TRUSTS | -0.45 |
| IFF | International Flavors & Fragrances Inc.INDUSTRIAL ORGANIC CHEMICALS | -0.36 |
| DVA | DaVita Inc.SERVICES-MISC HEALTH & ALLIED SERVICES, NEC | -0.35 |
| FLYW | Flywire Corporation Voting Common StockSERVICES-BUSINESS SERVICES, NEC | -0.34 |
Frequently asked questions about PRIM correlations
- Which stocks are most correlated with PRIM?
- Based on one year of daily returns, the stocks most correlated with Primoris Services Corporation (PRIM) are EZGO (0.62), LMB (0.60) and ASTE (0.55). 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 PRIM?
- Over the past year, the stocks most inversely correlated with Primoris Services Corporation (PRIM) are EVC (-0.46), DOC (-0.45) and IFF (-0.36). 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 PRIM correlations calculated?
- We compute the correlation of daily returns between PRIM 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.