Resideo Technologies, Inc. Common Stock (REZI) — Stock Correlations & Overview
Over the past year, REZI has moved most closely with AHCO, JBGS, KNF. Explore the stocks most correlated and inversely correlated with REZI below, along with its price, financials, and company profile.
Stocks correlated with REZI
Correlation of daily returns. Higher positive values move with REZI; negative values move opposite it. Informational only, not investment advice.
Most correlated with REZI
| Symbol | Company | Correlation |
|---|---|---|
| AHCO | AdaptHealth Corp. Common StockSERVICES-HOME HEALTH CARE SERVICES | 0.48 |
| JBGS | JBG SMITH Properties Common SharesREAL ESTATE INVESTMENT TRUSTS | 0.48 |
| KNF | Knife River CorporationMINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) | 0.43 |
| PSCI | Invesco S&P SmallCap Industrials ETFINVESTMENT ADVICE | 0.42 |
| AIN | Albany International Corp Class ABROADWOVEN FABRIC MILLS, MAN MADE FIBER & SILK | 0.42 |
Most inversely correlated with REZI
| Symbol | Company | Correlation |
|---|---|---|
| SBB | ProShares Short SmallCap600 | -0.38 |
| SDD | ProShares UltraShort SmallCap600 | -0.37 |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.36 |
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.36 |
| UVIX | 2x Long VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.36 |
Frequently asked questions about REZI correlations
- Which stocks are most correlated with REZI?
- Based on one year of daily returns, the stocks most correlated with Resideo Technologies, Inc. Common Stock (REZI) are AHCO (0.48), JBGS (0.48) and KNF (0.43). 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 REZI?
- Over the past year, the stocks most inversely correlated with Resideo Technologies, Inc. Common Stock (REZI) are SBB (-0.38), SDD (-0.37) and VXX (-0.36). 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 REZI correlations calculated?
- We compute the correlation of daily returns between REZI 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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