Which stocks are most correlated with RDI?

Based on one year of daily returns, the stocks most correlated with Reading International, Inc Class A Common Stock (RDI) are BMRA (0.29), CELU (0.27) and HTFL (0.27). 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 RDI?

Over the past year, the stocks most inversely correlated with Reading International, Inc Class A Common Stock (RDI) are OXLCN (-0.22), EXC (-0.21) and AWK (-0.20). A negative correlation means the two stocks have tended to move in opposite directions.

Reading International, Inc Class A Common Stock (RDI) — Stock Correlations & Overview

Over the past year, RDI has moved most closely with BMRA, CELU, HTFL. Explore the stocks most correlated and inversely correlated with RDI below, along with its price, financials, and company profile.

Stocks correlated with RDI

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

Most correlated with RDI

Symbol	Company	Correlation
BMRA	BIOMERICA INCIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES	0.29
CELU	Celularity Inc. Class A Common StockPHARMACEUTICAL PREPARATIONS	0.27
HTFL	Heartflow, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS	0.27
FLD	Fold Holdings, Inc. Class A Common StockFINANCE SERVICES	0.26
DAC	Danaos Corporation	0.25

Most inversely correlated with RDI

Symbol	Company	Correlation
OXLCN	Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock	-0.22
EXC	Exelon CorporationELECTRIC & OTHER SERVICES COMBINED	-0.21
AWK	American Water Works Company, IncWATER SUPPLY	-0.20
FTS	Fortis Inc. Common Shares	-0.19
BZQ	ProShares UltraShort MSCI Brazil Capped	-0.19

Frequently asked questions about RDI correlations

Which stocks are most correlated with RDI?: Based on one year of daily returns, the stocks most correlated with Reading International, Inc Class A Common Stock (RDI) are BMRA (0.29), CELU (0.27) and HTFL (0.27). 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 RDI?: Over the past year, the stocks most inversely correlated with Reading International, Inc Class A Common Stock (RDI) are OXLCN (-0.22), EXC (-0.21) and AWK (-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 RDI correlations calculated?: We compute the correlation of daily returns between RDI 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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