Spok Holdings, Inc (SPOK) — Stock Correlations & Overview
Over the past year, SPOK has moved most closely with THRY, CWT, FMC. Explore the stocks most correlated and inversely correlated with SPOK below, along with its price, financials, and company profile.
Stocks correlated with SPOK
Correlation of daily returns. Higher positive values move with SPOK; negative values move opposite it. Informational only, not investment advice.
Most correlated with SPOK
| Symbol | Company | Correlation |
|---|---|---|
| THRY | Thryv Holdings, Inc. Common StockSERVICES-ADVERTISING | 0.54 |
| CWT | California Water ServiceWATER SUPPLY | 0.45 |
| FMC | FMC CorporationCHEMICALS & ALLIED PRODUCTS | 0.38 |
| FBIZ | First Business Financial Services, Inc.STATE COMMERCIAL BANKS | 0.36 |
| FSK | FS KKR Capital Corp. Common Stock | 0.36 |
Most inversely correlated with SPOK
| Symbol | Company | Correlation |
|---|---|---|
| INTS | Intensity Therapeutics, Inc. Common stockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.41 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.24 |
| METD | Direxion Shares ETF Trust Direxion Daily META Bear 1X ETF | -0.24 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.23 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.22 |
Frequently asked questions about SPOK correlations
- Which stocks are most correlated with SPOK?
- Based on one year of daily returns, the stocks most correlated with Spok Holdings, Inc (SPOK) are THRY (0.54), CWT (0.45) and FMC (0.38). 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 SPOK?
- Over the past year, the stocks most inversely correlated with Spok Holdings, Inc (SPOK) are INTS (-0.41), DWSH (-0.24) and METD (-0.24). 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 SPOK correlations calculated?
- We compute the correlation of daily returns between SPOK 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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