Superior Group of Companies, Inc. Common Stock (SGC) — Stock Correlations & Overview
Over the past year, SGC has moved most closely with SMLV, XSHD, DEEP. Explore the stocks most correlated and inversely correlated with SGC below, along with its price, financials, and company profile.
Stocks correlated with SGC
Correlation of daily returns. Higher positive values move with SGC; negative values move opposite it. Informational only, not investment advice.
Most correlated with SGC
| Symbol | Company | Correlation |
|---|---|---|
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 0.48 |
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETFINVESTMENT ADVICE | 0.47 |
| DEEP | Acquirers Small and Micro Deep Value ETF | 0.47 |
| FDM | First Trust Dow Jones Select MicroCap Index Fund | 0.47 |
| MYLD | Cambria Micro and SmallCap Shareholder Yield ETF | 0.46 |
Most inversely correlated with SGC
| Symbol | Company | Correlation |
|---|---|---|
| SDD | ProShares UltraShort SmallCap600 | -0.39 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.39 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.38 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.38 |
| SBB | ProShares Short SmallCap600 | -0.37 |
Frequently asked questions about SGC correlations
- Which stocks are most correlated with SGC?
- Based on one year of daily returns, the stocks most correlated with Superior Group of Companies, Inc. Common Stock (SGC) are SMLV (0.48), XSHD (0.47) and DEEP (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 SGC?
- Over the past year, the stocks most inversely correlated with Superior Group of Companies, Inc. Common Stock (SGC) are SDD (-0.39), FLYD (-0.39) and HDGE (-0.38). 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 SGC correlations calculated?
- We compute the correlation of daily returns between SGC 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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