Stevanato Group S.p.A. (STVN) — Stock Correlations & Overview
Over the past year, STVN has moved most closely with WST, RSJN, BEEZ. Explore the stocks most correlated and inversely correlated with STVN below, along with its price, financials, and company profile.
Stocks correlated with STVN
Correlation of daily returns. Higher positive values move with STVN; negative values move opposite it. Informational only, not investment advice.
Most correlated with STVN
| Symbol | Company | Correlation |
|---|---|---|
| WST | West Pharmaceutical Services, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.50 |
| RSJN | FT Vest U.S. Equity Equal Weight Buffer ETF - June | 0.47 |
| BEEZ | Honeytree U.S. Equity ETF | 0.46 |
| FXH | First Trust Health Care AlphaDEX Fund | 0.45 |
| HTEC | ROBO Global Healthcare Technology and Innovation ETF | 0.44 |
Frequently asked questions about STVN correlations
- Which stocks are most correlated with STVN?
- Based on one year of daily returns, the stocks most correlated with Stevanato Group S.p.A. (STVN) are WST (0.50), RSJN (0.47) and BEEZ (0.46). 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 STVN?
- Over the past year, the stocks most inversely correlated with Stevanato Group S.p.A. (STVN) are SBB (-0.42), TWM (-0.41) and SDD (-0.41). 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 STVN correlations calculated?
- We compute the correlation of daily returns between STVN 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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