United Parks & Resorts Inc. (PRKS) — Stock Correlations & Overview
Over the past year, PRKS has moved most closely with FUN, PSCD, VAC. Explore the stocks most correlated and inversely correlated with PRKS below, along with its price, financials, and company profile.
Stocks correlated with PRKS
Correlation of daily returns. Higher positive values move with PRKS; negative values move opposite it. Informational only, not investment advice.
Most correlated with PRKS
| Symbol | Company | Correlation |
|---|---|---|
| FUN | Six Flags Entertainment CorporationSERVICES-AMUSEMENT & RECREATION SERVICES | 0.61 |
| PSCD | Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE | 0.58 |
| VAC | MARRIOTT VACATIONS WORLDWIDE CORPORATIONREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.57 |
| SMLL | Harbor Active Small Cap ETF | 0.57 |
| JBI | Janus International Group, Inc.METAL DOORS, SASH, FRAMES, MOLDINGS & TRIM | 0.57 |
Most inversely correlated with PRKS
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.52 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.48 |
| SDD | ProShares UltraShort SmallCap600 | -0.47 |
| SBB | ProShares Short SmallCap600 | -0.47 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.45 |
Frequently asked questions about PRKS correlations
- Which stocks are most correlated with PRKS?
- Based on one year of daily returns, the stocks most correlated with United Parks & Resorts Inc. (PRKS) are FUN (0.61), PSCD (0.58) and VAC (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 PRKS?
- Over the past year, the stocks most inversely correlated with United Parks & Resorts Inc. (PRKS) are HDGE (-0.52), FLYD (-0.48) and SDD (-0.47). 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 PRKS correlations calculated?
- We compute the correlation of daily returns between PRKS 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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