Royal Caribbean Group (RCL) — Stock Correlations & Overview
Over the past year, RCL has moved most closely with CCL, NCLH, FLYU. Explore the stocks most correlated and inversely correlated with RCL below, along with its price, financials, and company profile.
Stocks correlated with RCL
Correlation of daily returns. Higher positive values move with RCL; negative values move opposite it. Informational only, not investment advice.
Most correlated with RCL
| Symbol | Company | Correlation |
|---|---|---|
| CCL | Carnival Corporation Ltd.WATER TRANSPORTATION | 0.79 |
| NCLH | Norwegian Cruise Line Holdings Ltd. Ordinary SharesWATER TRANSPORTATION | 0.75 |
| FLYU | MicroSectors Travel 3x Leveraged ETNCOMMERCIAL BANKS, NEC | 0.74 |
| VIK | Viking Holdings Ltd | 0.68 |
| LUV | Southwest Airlines Co.AIR TRANSPORTATION, SCHEDULED | 0.67 |
Most inversely correlated with RCL
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.74 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.60 |
| SMDD | ProShares UltraPro Short MidCap400 | -0.54 |
| MZZ | ProShares UltraShort MidCap400 | -0.54 |
| MYY | ProShares Short MidCap400 | -0.54 |
Frequently asked questions about RCL correlations
- Which stocks are most correlated with RCL?
- Based on one year of daily returns, the stocks most correlated with Royal Caribbean Group (RCL) are CCL (0.79), NCLH (0.75) and FLYU (0.74). 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 RCL?
- Over the past year, the stocks most inversely correlated with Royal Caribbean Group (RCL) are FLYD (-0.74), JETD (-0.60) and SMDD (-0.54). 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 RCL correlations calculated?
- We compute the correlation of daily returns between RCL 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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