Rockwell Automation, Inc. (ROK) — Stock Correlations & Overview
Over the past year, ROK has moved most closely with PAVE, EMR, VIS. Explore the stocks most correlated and inversely correlated with ROK below, along with its price, financials, and company profile.
Stocks correlated with ROK
Correlation of daily returns. Higher positive values move with ROK; negative values move opposite it. Informational only, not investment advice.
Most correlated with ROK
| Symbol | Company | Correlation |
|---|---|---|
| PAVE | Global X U.S. Infrastructure Development ETF | 0.71 |
| EMR | Emerson Electric Co.ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) | 0.70 |
| VIS | Vanguard Industrials ETF | 0.69 |
| TKR | The Timken CompanyBALL & ROLLER BEARINGS | 0.69 |
| MADE | iShares U.S. Manufacturing ETF | 0.69 |
Frequently asked questions about ROK correlations
- Which stocks are most correlated with ROK?
- Based on one year of daily returns, the stocks most correlated with Rockwell Automation, Inc. (ROK) are PAVE (0.71), EMR (0.70) and VIS (0.69). 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 ROK?
- Over the past year, the stocks most inversely correlated with Rockwell Automation, Inc. (ROK) are SIJ (-0.67), SMDD (-0.67) and MYY (-0.67). 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 ROK correlations calculated?
- We compute the correlation of daily returns between ROK 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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