ProPetro Holding Corp. (PUMP) — Stock Correlations & Overview
Over the past year, PUMP has moved most closely with LBRT, ACDC, XES. Explore the stocks most correlated and inversely correlated with PUMP below, along with its price, financials, and company profile.
Stocks correlated with PUMP
Correlation of daily returns. Higher positive values move with PUMP; negative values move opposite it. Informational only, not investment advice.
Most correlated with PUMP
| Symbol | Company | Correlation |
|---|---|---|
| LBRT | Liberty Energy Inc.OIL & GAS FIELD SERVICES, NEC | 0.68 |
| ACDC | ProFrac Holding Corp. Class A Common StockOIL & GAS FIELD SERVICES, NEC | 0.66 |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 0.62 |
| AESI | Atlas Energy Solutions Inc.CRUDE PETROLEUM & NATURAL GAS | 0.60 |
| PSCE | Invesco S&P SmallCap Energy ETFINVESTMENT ADVICE | 0.55 |
Most inversely correlated with PUMP
| Symbol | Company | Correlation |
|---|---|---|
| LRN | Stride, Inc.SERVICES-EDUCATIONAL SERVICES | -0.54 |
| TACO | Berto Acquisition Corp. Ordinary SharesBLANK CHECKS | -0.43 |
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.42 |
| VRNS | Varonis Systems, Inc.SERVICES-PREPACKAGED SOFTWARE | -0.40 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.40 |
Frequently asked questions about PUMP correlations
- Which stocks are most correlated with PUMP?
- Based on one year of daily returns, the stocks most correlated with ProPetro Holding Corp. (PUMP) are LBRT (0.68), ACDC (0.66) and XES (0.62). 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 PUMP?
- Over the past year, the stocks most inversely correlated with ProPetro Holding Corp. (PUMP) are LRN (-0.54), TACO (-0.43) and DRIP (-0.42). 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 PUMP correlations calculated?
- We compute the correlation of daily returns between PUMP 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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