Sprouts Farmers Market, Inc. (SFM) — Stock Correlations & Overview
Over the past year, SFM has moved most closely with CMG, FMC, CI. Explore the stocks most correlated and inversely correlated with SFM below, along with its price, financials, and company profile.
Stocks correlated with SFM
Correlation of daily returns. Higher positive values move with SFM; negative values move opposite it. Informational only, not investment advice.
Most correlated with SFM
| Symbol | Company | Correlation |
|---|---|---|
| CMG | Chipotle Mexican Grill, Inc.RETAIL-EATING PLACES | 0.49 |
| FMC | FMC CorporationCHEMICALS & ALLIED PRODUCTS | 0.46 |
| CI | The Cigna GroupHOSPITAL & MEDICAL SERVICE PLANS | 0.44 |
| NGVC | NATURAL GROCERS BY VITAMIN COTTAGE, INCRETAIL-GROCERY STORES | 0.34 |
| MUSA | MURPHY USA INC.RETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.34 |
Most inversely correlated with SFM
| Symbol | Company | Correlation |
|---|---|---|
| INTS | Intensity Therapeutics, Inc. Common stockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.52 |
| CHRW | C.H. Robinson Worldwide, Inc.ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO | -0.38 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.35 |
| CAH | Cardinal Health, Inc.WHOLESALE-DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES | -0.34 |
| HBIO | Harvard Bioscience IncLABORATORY ANALYTICAL INSTRUMENTS | -0.27 |
Frequently asked questions about SFM correlations
- Which stocks are most correlated with SFM?
- Based on one year of daily returns, the stocks most correlated with Sprouts Farmers Market, Inc. (SFM) are CMG (0.49), FMC (0.46) and CI (0.44). 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 SFM?
- Over the past year, the stocks most inversely correlated with Sprouts Farmers Market, Inc. (SFM) are INTS (-0.52), CHRW (-0.38) and EMTY (-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 SFM correlations calculated?
- We compute the correlation of daily returns between SFM 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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