Which stocks are most correlated with PXED?

Based on one year of daily returns, the stocks most correlated with Phoenix Education Partners, Inc. (PXED) are STRA (0.43), XSW (0.42) and TMFX (0.42). 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 PXED?

Over the past year, the stocks most inversely correlated with Phoenix Education Partners, Inc. (PXED) are HDGE (-0.39), DWSH (-0.35) and WEBS (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

Phoenix Education Partners, Inc. (PXED) — Stock Correlations & Overview

Over the past year, PXED has moved most closely with STRA, XSW, TMFX. Explore the stocks most correlated and inversely correlated with PXED below, along with its price, financials, and company profile.

Stocks correlated with PXED

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

Most correlated with PXED

Symbol	Company	Correlation
STRA	Strategic Education, Inc. Common StockSERVICES-EDUCATIONAL SERVICES	0.43
XSW	State Street SPDR S&P Software & Services ETF	0.42
TMFX	Motley Fool Next Index ETF	0.42
QSML	WisdomTree U.S. SmallCap Quality Growth Fund	0.41
TMFM	Motley Fool Mid-Cap Growth ETF	0.41

Most inversely correlated with PXED

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.39
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.35
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.31
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.29
SEF	ProShares Short Financials	-0.29

Frequently asked questions about PXED correlations

Which stocks are most correlated with PXED?: Based on one year of daily returns, the stocks most correlated with Phoenix Education Partners, Inc. (PXED) are STRA (0.43), XSW (0.42) and TMFX (0.42). 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 PXED?: Over the past year, the stocks most inversely correlated with Phoenix Education Partners, Inc. (PXED) are HDGE (-0.39), DWSH (-0.35) and WEBS (-0.31). 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 PXED correlations calculated?: We compute the correlation of daily returns between PXED 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.