Which stocks are most correlated with STRA?

Based on one year of daily returns, the stocks most correlated with Strategic Education, Inc. Common Stock (STRA) are PRDO (0.73), LOPE (0.70) and APEI (0.57). 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 STRA?

Over the past year, the stocks most inversely correlated with Strategic Education, Inc. Common Stock (STRA) are HDGE (-0.48), DWSH (-0.41) and TRT (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

Strategic Education, Inc. Common Stock (STRA) — Stock Correlations & Overview

Over the past year, STRA has moved most closely with PRDO, LOPE, APEI. Explore the stocks most correlated and inversely correlated with STRA below, along with its price, financials, and company profile.

Stocks correlated with STRA

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

Most correlated with STRA

Symbol	Company	Correlation
PRDO	Perdoceo Education CorporationSERVICES-EDUCATIONAL SERVICES	0.73
LOPE	Grand Canyon Education, IncSERVICES-EDUCATIONAL SERVICES	0.70
APEI	American Public Education, Inc.SERVICES-EDUCATIONAL SERVICES	0.57
EXLS	ExlService Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC	0.52
LAUR	Laureate Education, Inc. Common StockSERVICES-EDUCATIONAL SERVICES	0.49

Most inversely correlated with STRA

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.48
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.41
TRT	Trio-Tech InternationalSPECIAL INDUSTRY MACHINERY, NEC	-0.31
FAZ	Direxion Daily Financial Bear 3x ETF	-0.29
SKF	ProShares UltraShort Financials	-0.29

Frequently asked questions about STRA correlations

Which stocks are most correlated with STRA?: Based on one year of daily returns, the stocks most correlated with Strategic Education, Inc. Common Stock (STRA) are PRDO (0.73), LOPE (0.70) and APEI (0.57). 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 STRA?: Over the past year, the stocks most inversely correlated with Strategic Education, Inc. Common Stock (STRA) are HDGE (-0.48), DWSH (-0.41) and TRT (-0.31). 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 STRA correlations calculated?: We compute the correlation of daily returns between STRA 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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