Which stocks are most correlated with PVL?

Based on one year of daily returns, the stocks most correlated with Permianville Royalty Trust (PVL) are INR (0.32), VTS (0.29) and PED (0.29). 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 PVL?

Over the past year, the stocks most inversely correlated with Permianville Royalty Trust (PVL) are TWIN (-0.28), CAE (-0.27) and GF (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.

Permianville Royalty Trust (PVL) — Stock Correlations & Overview

Over the past year, PVL has moved most closely with INR, VTS, PED. Explore the stocks most correlated and inversely correlated with PVL below, along with its price, financials, and company profile.

Stocks correlated with PVL

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

Most correlated with PVL

Symbol	Company	Correlation
INR	Infinity Natural Resources, Inc.CRUDE PETROLEUM & NATURAL GAS	0.32
VTS	Vitesse Energy, Inc..CRUDE PETROLEUM & NATURAL GAS	0.29
PED	PEDEVCO Corp.CRUDE PETROLEUM & NATURAL GAS	0.29
GRNT	Granite Ridge Resources, Inc.CRUDE PETROLEUM & NATURAL GAS	0.29
SM	SM Energy CompanyCRUDE PETROLEUM & NATURAL GAS	0.28

Most inversely correlated with PVL

Symbol	Company	Correlation
TWIN	Twin Disc, IncorporatedGENERAL INDUSTRIAL MACHINERY & EQUIPMENT	-0.28
CAE	CAE Inc. Common Shares	-0.27
GF	NEW GERMANY FUND Inc	-0.26
NSRX	Nasus Pharma Ltd.	-0.26
EPHE	iShares MSCI Philippines ETF	-0.25

Frequently asked questions about PVL correlations

Which stocks are most correlated with PVL?: Based on one year of daily returns, the stocks most correlated with Permianville Royalty Trust (PVL) are INR (0.32), VTS (0.29) and PED (0.29). 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 PVL?: Over the past year, the stocks most inversely correlated with Permianville Royalty Trust (PVL) are TWIN (-0.28), CAE (-0.27) and GF (-0.26). 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 PVL correlations calculated?: We compute the correlation of daily returns between PVL 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.