Trueblue, Inc. (TBI) — Stock Correlations & Overview
Over the past year, TBI has moved most closely with KFRC, QLYS, RPD. Explore the stocks most correlated and inversely correlated with TBI below, along with its price, financials, and company profile.
Stocks correlated with TBI
Correlation of daily returns. Higher positive values move with TBI; negative values move opposite it. Informational only, not investment advice.
Most correlated with TBI
| Symbol | Company | Correlation |
|---|---|---|
| KFRC | Kforce Inc.SERVICES-HELP SUPPLY SERVICES | 0.34 |
| QLYS | Qualys, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | 0.33 |
| RPD | Rapid7, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | 0.32 |
| PRGO | PERRIGO COMPANY PLCPHARMACEUTICAL PREPARATIONS | 0.32 |
| KFY | Korn FerrySERVICES-EMPLOYMENT AGENCIES | 0.31 |
Most inversely correlated with TBI
| Symbol | Company | Correlation |
|---|---|---|
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.34 |
| RCON | Recon Technology, Ltd. Class A Ordinary SharesOIL & GAS FIELD SERVICES, NEC | -0.30 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.28 |
| SEF | ProShares Short Financials | -0.24 |
| AEP | American Electric Power Company, Inc.ELECTRIC SERVICES | -0.24 |
Frequently asked questions about TBI correlations
- Which stocks are most correlated with TBI?
- Based on one year of daily returns, the stocks most correlated with Trueblue, Inc. (TBI) are KFRC (0.34), QLYS (0.33) and RPD (0.32). 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 TBI?
- Over the past year, the stocks most inversely correlated with Trueblue, Inc. (TBI) are DWSH (-0.34), RCON (-0.30) and HDGE (-0.28). 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 TBI correlations calculated?
- We compute the correlation of daily returns between TBI 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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