Which stocks are most correlated with PTLO?

Based on one year of daily returns, the stocks most correlated with Portillo's Inc. Class A Common Stock (PTLO) are FWRG (0.51), FXG (0.45) and SMHB (0.43). 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 PTLO?

Over the past year, the stocks most inversely correlated with Portillo's Inc. Class A Common Stock (PTLO) are EMTY (-0.46), HDGE (-0.38) and DWSH (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Portillo's Inc. Class A Common Stock (PTLO) — Stock Correlations & Overview

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

Stocks correlated with PTLO

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

Most correlated with PTLO

Symbol	Company	Correlation
FWRG	First Watch Restaurant Group, Inc. Common StockRETAIL-EATING PLACES	0.51
FXG	First Trust Consumer Staples AlphaDEX Fund	0.45
SMHB	ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B	0.43
PAWZ	ProShares Pet Care ETF	0.43
PLAY	Dave & Buster's Entertainment, Inc.RETAIL-EATING PLACES	0.43

Most inversely correlated with PTLO

Symbol	Company	Correlation
EMTY	ProShares Decline of the Retail Store ETF	-0.46
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.38
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.37
SZK	ProShares UltraShort Consumer Staples	-0.33
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.29

Frequently asked questions about PTLO correlations

Which stocks are most correlated with PTLO?: Based on one year of daily returns, the stocks most correlated with Portillo's Inc. Class A Common Stock (PTLO) are FWRG (0.51), FXG (0.45) and SMHB (0.43). 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 PTLO?: Over the past year, the stocks most inversely correlated with Portillo's Inc. Class A Common Stock (PTLO) are EMTY (-0.46), HDGE (-0.38) and DWSH (-0.37). 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 PTLO correlations calculated?: We compute the correlation of daily returns between PTLO 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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