Tutor Perini Corporation (TPC) — Stock Correlations & Overview
Over the past year, TPC has moved most closely with PRN, AIRR, HVAC. Explore the stocks most correlated and inversely correlated with TPC below, along with its price, financials, and company profile.
Stocks correlated with TPC
Correlation of daily returns. Higher positive values move with TPC; negative values move opposite it. Informational only, not investment advice.
Most correlated with TPC
| Symbol | Company | Correlation |
|---|---|---|
| PRN | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Industrials Momentum ETF | 0.67 |
| AIRR | First Trust RBA American Industrial Renaissance ETF | 0.65 |
| HVAC | AdvisorShares HVAC and Industrials ETF | 0.63 |
| NRSH | Aztlan North America Nearshoring Stock Selection ETF | 0.61 |
| QMOM | Alpha Architect U.S. Quantitative Momentum ETF | 0.61 |
Frequently asked questions about TPC correlations
- Which stocks are most correlated with TPC?
- Based on one year of daily returns, the stocks most correlated with Tutor Perini Corporation (TPC) are PRN (0.67), AIRR (0.65) and HVAC (0.63). 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 TPC?
- Over the past year, the stocks most inversely correlated with Tutor Perini Corporation (TPC) are BTAL (-0.55), TZA (-0.54) and RWM (-0.54). 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 TPC correlations calculated?
- We compute the correlation of daily returns between TPC 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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