Rentokil Initial plc American Depositary Shares (each representing five (5) Ordinary Shares) (RTO) — Stock Correlations & Overview
Over the past year, RTO has moved most closely with CCB, GBFH, LKQ. Explore the stocks most correlated and inversely correlated with RTO below, along with its price, financials, and company profile.
Stocks correlated with RTO
Correlation of daily returns. Higher positive values move with RTO; negative values move opposite it. Informational only, not investment advice.
Most correlated with RTO
| Symbol | Company | Correlation |
|---|---|---|
| CCB | Coastal Financial CorporationSTATE COMMERCIAL BANKS | 0.57 |
| GBFH | GBank Financial Holdings Inc. Common StockSTATE COMMERCIAL BANKS | 0.52 |
| LKQ | LKQ CorporationWHOLESALE-MOTOR VEHICLES & MOTOR VEHICLE PARTS & SUPPLIES | 0.47 |
| ALNY | Alnylam Pharmaceuticals, Inc.PHARMACEUTICAL PREPARATIONS | 0.46 |
| FLQM | Franklin U.S. Mid Cap Multifactor Index ETF | 0.43 |
Most inversely correlated with RTO
| Symbol | Company | Correlation |
|---|---|---|
| CYCU | Cycurion, Inc. Common StockSERVICES-COMPUTER PROGRAMMING SERVICES | -0.39 |
| MKTX | MarketAxess Holdings Inc.SECURITY BROKERS, DEALERS & FLOTATION COMPANIES | -0.38 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.36 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.34 |
| SMN | ProShares UltraShort Materials | -0.31 |
Frequently asked questions about RTO correlations
- Which stocks are most correlated with RTO?
- Based on one year of daily returns, the stocks most correlated with Rentokil Initial plc American Depositary Shares (each representing five (5) Ordinary Shares) (RTO) are CCB (0.57), GBFH (0.52) and LKQ (0.47). 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 RTO?
- Over the past year, the stocks most inversely correlated with Rentokil Initial plc American Depositary Shares (each representing five (5) Ordinary Shares) (RTO) are CYCU (-0.39), MKTX (-0.38) and HDGE (-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 RTO correlations calculated?
- We compute the correlation of daily returns between RTO 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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