Rubico Inc. Common Stock (RUBI) — Stock Correlations & Overview
Over the past year, RUBI has moved most closely with LOPE, TREX, ACVA. Explore the stocks most correlated and inversely correlated with RUBI below, along with its price, financials, and company profile.
Stocks correlated with RUBI
Correlation of daily returns. Higher positive values move with RUBI; negative values move opposite it. Informational only, not investment advice.
Most correlated with RUBI
| Symbol | Company | Correlation |
|---|---|---|
| LOPE | Grand Canyon Education, IncSERVICES-EDUCATIONAL SERVICES | 0.30 |
| TREX | Trex Company, Inc.LUMBER & WOOD PRODUCTS (NO FURNITURE) | 0.28 |
| ACVA | ACV Auctions Inc.SERVICES-BUSINESS SERVICES, NEC | 0.27 |
| SUPN | Supernus Pharmaceuticals, Inc.PHARMACEUTICAL PREPARATIONS | 0.25 |
| SVV | Savers Value Village, Inc.RETAIL-MISCELLANEOUS RETAIL | 0.25 |
Most inversely correlated with RUBI
| Symbol | Company | Correlation |
|---|---|---|
| MTC | MMTec, Inc. Common Shares | -0.29 |
| RPRX | Royalty Pharma plc Class A Ordinary SharesPHARMACEUTICAL PREPARATIONS | -0.20 |
| SBRA | Sabra Healthcare REIT, Inc.REAL ESTATE INVESTMENT TRUSTS | -0.20 |
| TEVA | Teva Pharmaceutical Industries Limited American Depositary SharesPHARMACEUTICAL PREPARATIONS | -0.20 |
| OHI | Omega Healthcare Investors Inc.REAL ESTATE INVESTMENT TRUSTS | -0.19 |
Frequently asked questions about RUBI correlations
- Which stocks are most correlated with RUBI?
- Based on one year of daily returns, the stocks most correlated with Rubico Inc. Common Stock (RUBI) are LOPE (0.30), TREX (0.28) and ACVA (0.27). 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 RUBI?
- Over the past year, the stocks most inversely correlated with Rubico Inc. Common Stock (RUBI) are MTC (-0.29), RPRX (-0.20) and SBRA (-0.20). 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 RUBI correlations calculated?
- We compute the correlation of daily returns between RUBI 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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