Primo Brands Corporation (PRMB) — Stock Correlations & Overview
Over the past year, PRMB has moved most closely with CELH, VAC, ENGS. Explore the stocks most correlated and inversely correlated with PRMB below, along with its price, financials, and company profile.
Stocks correlated with PRMB
Correlation of daily returns. Higher positive values move with PRMB; negative values move opposite it. Informational only, not investment advice.
Most correlated with PRMB
| Symbol | Company | Correlation |
|---|---|---|
| CELH | Celsius Holdings, Inc. Common StockBOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS | 0.54 |
| VAC | MARRIOTT VACATIONS WORLDWIDE CORPORATIONREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.47 |
| ENGS | Energys Group Limited Ordinary Shares | 0.46 |
| PRTH | Priority Technology Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.45 |
| JBI | Janus International Group, Inc.METAL DOORS, SASH, FRAMES, MOLDINGS & TRIM | 0.42 |
Most inversely correlated with PRMB
| Symbol | Company | Correlation |
|---|---|---|
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.28 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.28 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.27 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.27 |
| DXD | ProShares UltraShort Dow 30 | -0.27 |
Frequently asked questions about PRMB correlations
- Which stocks are most correlated with PRMB?
- Based on one year of daily returns, the stocks most correlated with Primo Brands Corporation (PRMB) are CELH (0.54), VAC (0.47) and ENGS (0.46). 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 PRMB?
- Over the past year, the stocks most inversely correlated with Primo Brands Corporation (PRMB) are CARD (-0.28), SCC (-0.28) and HDGE (-0.27). 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 PRMB correlations calculated?
- We compute the correlation of daily returns between PRMB 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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