Which stocks are most correlated with STX?

Based on one year of daily returns, the stocks most correlated with Seagate Technology Holdings PLC Ordinary Shares (Ireland) (STX) are WDC (0.88), FCUS (0.74) and TCAI (0.73). 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 STX?

Over the past year, the stocks most inversely correlated with Seagate Technology Holdings PLC Ordinary Shares (Ireland) (STX) are MUD (-0.65), SOXS (-0.64) and TSXD (-0.59). A negative correlation means the two stocks have tended to move in opposite directions.

Seagate Technology Holdings PLC Ordinary Shares (Ireland) (STX) — Stock Correlations & Overview

Over the past year, STX has moved most closely with WDC, FCUS, TCAI. Explore the stocks most correlated and inversely correlated with STX below, along with its price, financials, and company profile.

Stocks correlated with STX

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

Most correlated with STX

Symbol	Company	Correlation
WDC	Western Digital Corp.COMPUTER STORAGE DEVICES	0.88
FCUS	Pinnacle Focused Opportunities ETF	0.74
TCAI	Tortoise AI Infrastructure ETF	0.73
EGGQ	NestYield Visionary ETF	0.71
CVRT	Calamos Convertible Equity Alternative ETF	0.70

Most inversely correlated with STX

Symbol	Company	Correlation
MUD	Direxion Shares ETF Trust Direxion Daily MU Bear 1X ETF	-0.65
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.64
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.59
TECS	Direxion Daily Technology Bear 3x ETF	-0.59
REW	Proshares UltraShort Technology	-0.58

Frequently asked questions about STX correlations

Which stocks are most correlated with STX?: Based on one year of daily returns, the stocks most correlated with Seagate Technology Holdings PLC Ordinary Shares (Ireland) (STX) are WDC (0.88), FCUS (0.74) and TCAI (0.73). 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 STX?: Over the past year, the stocks most inversely correlated with Seagate Technology Holdings PLC Ordinary Shares (Ireland) (STX) are MUD (-0.65), SOXS (-0.64) and TSXD (-0.59). 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 STX correlations calculated?: We compute the correlation of daily returns between STX 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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