Rogers Communications, Inc. (RCI) — Stock Correlations & Overview
Over the past year, RCI has moved most closely with BCE, TORO, MCRI. Explore the stocks most correlated and inversely correlated with RCI below, along with its price, financials, and company profile.
Stocks correlated with RCI
Correlation of daily returns. Higher positive values move with RCI; negative values move opposite it. Informational only, not investment advice.
Most correlated with RCI
| Symbol | Company | Correlation |
|---|---|---|
| BCE | BCE, Inc. | 0.38 |
| TORO | Toro Corp. Common Stock | 0.32 |
| MCRI | Monarch Casino & Resort IncHOTELS & MOTELS | 0.32 |
| LTL | ProShares Ultra Communication Services | 0.29 |
| XLC | State Street Communication Services Select Sector SPDR ETF | 0.28 |
Most inversely correlated with RCI
| Symbol | Company | Correlation |
|---|---|---|
| SON | Sonoco Products CompanyPAPERBOARD CONTAINERS & BOXES | -0.25 |
| CALX | CALIX, INC.COMMUNICATIONS SERVICES, NEC | -0.21 |
| TH | Target Hospitality Corp. Common StockHOTELS, ROOMING HOUSES, CAMPS & OTHER LODGING PLACES | -0.20 |
| METD | Direxion Shares ETF Trust Direxion Daily META Bear 1X ETF | -0.20 |
| CAR | Avis Budget Group, Inc.SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) | -0.19 |
Frequently asked questions about RCI correlations
- Which stocks are most correlated with RCI?
- Based on one year of daily returns, the stocks most correlated with Rogers Communications, Inc. (RCI) are BCE (0.38), TORO (0.32) and MCRI (0.32). 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 RCI?
- Over the past year, the stocks most inversely correlated with Rogers Communications, Inc. (RCI) are SON (-0.25), CALX (-0.21) and TH (-0.20). 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 RCI correlations calculated?
- We compute the correlation of daily returns between RCI 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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