Regis Corporation (RGS) — Stock Correlations & Overview
Over the past year, RGS has moved most closely with BIAF, YYY, GF. Explore the stocks most correlated and inversely correlated with RGS below, along with its price, financials, and company profile.
Stocks correlated with RGS
Correlation of daily returns. Higher positive values move with RGS; negative values move opposite it. Informational only, not investment advice.
Most correlated with RGS
| Symbol | Company | Correlation |
|---|---|---|
| BIAF | bioAffinity Technologies, Inc. Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH | 0.29 |
| YYY | Amplify CEF High Income ETF | 0.28 |
| GF | NEW GERMANY FUND Inc | 0.28 |
| TSLP | Kurv Yield Premium Strategy Tesla (TSLA) ETF | 0.28 |
| TSLI | ProShares Ultra TSLA | 0.28 |
Most inversely correlated with RGS
| Symbol | Company | Correlation |
|---|---|---|
| TSLS | Direxion Shares ETF Trust Direxion Daily TSLA Bear 1X ETF | -0.27 |
| TSLZ | T-Rex 2X Inverse Tesla Daily Target ETF | -0.27 |
| TSDD | GraniteShares ETF Trust GraniteShares 2x Short TSLA Daily ETF | -0.27 |
| TSLQ | Investment Managers Series Trust II Tradr 2X Short TSLA Daily ETF | -0.26 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | -0.26 |
Frequently asked questions about RGS correlations
- Which stocks are most correlated with RGS?
- Based on one year of daily returns, the stocks most correlated with Regis Corporation (RGS) are BIAF (0.29), YYY (0.28) and GF (0.28). 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 RGS?
- Over the past year, the stocks most inversely correlated with Regis Corporation (RGS) are TSLS (-0.27), TSLZ (-0.27) and TSDD (-0.27). 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 RGS correlations calculated?
- We compute the correlation of daily returns between RGS 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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