Taylor Devices Inc (TAYD) — Stock Correlations & Overview
Over the past year, TAYD has moved most closely with JILL, EFCpB, UBCP. Explore the stocks most correlated and inversely correlated with TAYD below, along with its price, financials, and company profile.
Stocks correlated with TAYD
Correlation of daily returns. Higher positive values move with TAYD; negative values move opposite it. Informational only, not investment advice.
Most correlated with TAYD
| Symbol | Company | Correlation |
|---|---|---|
| JILL | J.Jill, Inc. Common StockWOMEN'S, MISSES', AND JUNIORS OUTERWEAR | 0.40 |
| EFCpB | Ellington Financial Inc. 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred StockREAL ESTATE | 0.32 |
| UBCP | United Bancorp Inc/OHSTATE COMMERCIAL BANKS | 0.30 |
| NCI | Neo-Concept International Group Holdings Limited Class A Ordinary Shares | 0.29 |
| JULH | Innovator Premium Income 20 Barrier ETF - July | 0.29 |
Most inversely correlated with TAYD
| Symbol | Company | Correlation |
|---|---|---|
| MHF | Western Asset Municipal High Income Fund, Inc | -0.24 |
| JFR | Nuveen Floating Rate Income Fund | -0.24 |
| BPYPM | Brookfield Property Partners L.P. 6.25% Class A Cumulative Redeemable Preferred Units, Series 1 | -0.23 |
| PBTP | Invesco 0-5 Yr US TIPS ETFINVESTMENT ADVICE | -0.23 |
| PTHS | Pelthos Therapeutics Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.22 |
Frequently asked questions about TAYD correlations
- Which stocks are most correlated with TAYD?
- Based on one year of daily returns, the stocks most correlated with Taylor Devices Inc (TAYD) are JILL (0.40), EFCpB (0.32) and UBCP (0.30). 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 TAYD?
- Over the past year, the stocks most inversely correlated with Taylor Devices Inc (TAYD) are MHF (-0.24), JFR (-0.24) and BPYPM (-0.23). 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 TAYD correlations calculated?
- We compute the correlation of daily returns between TAYD 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.