Which stocks are most correlated with SAM?

Based on one year of daily returns, the stocks most correlated with Boston Beer Company (SAM) are TAP (0.61), FXG (0.52) and RSPS (0.50). 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 SAM?

Over the past year, the stocks most inversely correlated with Boston Beer Company (SAM) are EMTY (-0.41), SZK (-0.41) and DWSH (-0.35). A negative correlation means the two stocks have tended to move in opposite directions.

Boston Beer Company (SAM) — Stock Correlations & Overview

Over the past year, SAM has moved most closely with TAP, FXG, RSPS. Explore the stocks most correlated and inversely correlated with SAM below, along with its price, financials, and company profile.

Stocks correlated with SAM

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

Most correlated with SAM

Symbol	Company	Correlation
TAP	Molson Coors Beverage Company Class BMALT BEVERAGES	0.61
FXG	First Trust Consumer Staples AlphaDEX Fund	0.52
RSPS	Invesco S&P 500 Equal Weight Consumer Staples ETF	0.50
WBIY	WBI Power Factor High Dividend ETF	0.47
FTXG	First Trust Nasdaq Food & Beverage ETF	0.47

Most inversely correlated with SAM

Symbol	Company	Correlation
EMTY	ProShares Decline of the Retail Store ETF	-0.41
SZK	ProShares UltraShort Consumer Staples	-0.41
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.35
REK	ProShares Short Real Estate	-0.33
SRS	ProShares UltraShort Real Estate	-0.31

Frequently asked questions about SAM correlations

Which stocks are most correlated with SAM?: Based on one year of daily returns, the stocks most correlated with Boston Beer Company (SAM) are TAP (0.61), FXG (0.52) and RSPS (0.50). 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 SAM?: Over the past year, the stocks most inversely correlated with Boston Beer Company (SAM) are EMTY (-0.41), SZK (-0.41) and DWSH (-0.35). 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 SAM correlations calculated?: We compute the correlation of daily returns between SAM 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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