Which stocks are most correlated with RSVR?

Based on one year of daily returns, the stocks most correlated with Reservoir Media, Inc. Common Stock (RSVR) are DNUT (0.40), GCT (0.38) and CZR (0.38). 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 RSVR?

Over the past year, the stocks most inversely correlated with Reservoir Media, Inc. Common Stock (RSVR) are ERII (-0.31), ARRY (-0.30) and SEF (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

Reservoir Media, Inc. Common Stock (RSVR) — Stock Correlations & Overview

Over the past year, RSVR has moved most closely with DNUT, GCT, CZR. Explore the stocks most correlated and inversely correlated with RSVR below, along with its price, financials, and company profile.

Stocks correlated with RSVR

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

Most correlated with RSVR

Symbol	Company	Correlation
DNUT	Krispy Kreme, Inc. Common StockRETAIL-FOOD STORES	0.40
GCT	GigaCloud Technology Inc Class A Ordinary SharesRETAIL-CATALOG & MAIL-ORDER HOUSES	0.38
CZR	Caesars Entertainment, Inc. Common StockHOTELS & MOTELS	0.38
PRVA	Privia Health Group, Inc. Common StockSERVICES-HEALTH SERVICES	0.37
RSPC	Invesco Exchange-Traded Fund Trust Invesco S&P 500 Equal Weight Communication Services ETF	0.36

Most inversely correlated with RSVR

Symbol	Company	Correlation
ERII	Energy Recovery, Inc.SPECIAL INDUSTRY MACHINERY, NEC	-0.31
ARRY	Array Technologies, Inc. Common StockSEMICONDUCTORS & RELATED DEVICES	-0.30
SEF	ProShares Short Financials	-0.28
SKF	ProShares UltraShort Financials	-0.28
FAZ	Direxion Daily Financial Bear 3x ETF	-0.28

Frequently asked questions about RSVR correlations

Which stocks are most correlated with RSVR?: Based on one year of daily returns, the stocks most correlated with Reservoir Media, Inc. Common Stock (RSVR) are DNUT (0.40), GCT (0.38) and CZR (0.38). 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 RSVR?: Over the past year, the stocks most inversely correlated with Reservoir Media, Inc. Common Stock (RSVR) are ERII (-0.31), ARRY (-0.30) and SEF (-0.28). 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 RSVR correlations calculated?: We compute the correlation of daily returns between RSVR 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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