Constellation Brands, Inc. (STZ) — Stock Correlations & Overview
Over the past year, STZ has moved most closely with BF.B, TAP, BF.A. Explore the stocks most correlated and inversely correlated with STZ below, along with its price, financials, and company profile.
Stocks correlated with STZ
Correlation of daily returns. Higher positive values move with STZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with STZ
| Symbol | Company | Correlation |
|---|---|---|
| BF.B | Brown-Forman Corporation Class BBEVERAGES | 0.52 |
| TAP | Molson Coors Beverage Company Class BMALT BEVERAGES | 0.52 |
| BF.A | Brown-Forman Corporation Class ABEVERAGES | 0.51 |
| RSPS | Invesco S&P 500 Equal Weight Consumer Staples ETF | 0.49 |
| FXG | First Trust Consumer Staples AlphaDEX Fund | 0.45 |
Frequently asked questions about STZ correlations
- Which stocks are most correlated with STZ?
- Based on one year of daily returns, the stocks most correlated with Constellation Brands, Inc. (STZ) are BF.B (0.52), TAP (0.52) and BF.A (0.51). 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 STZ?
- Over the past year, the stocks most inversely correlated with Constellation Brands, Inc. (STZ) are SZK (-0.42), EMTY (-0.36) and REK (-0.34). 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 STZ correlations calculated?
- We compute the correlation of daily returns between STZ 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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