Tejon Ranch Co. (TRC) — Stock Correlations & Overview
Over the past year, TRC has moved most closely with SMLV, WEYS, SIXS. Explore the stocks most correlated and inversely correlated with TRC below, along with its price, financials, and company profile.
Stocks correlated with TRC
Correlation of daily returns. Higher positive values move with TRC; negative values move opposite it. Informational only, not investment advice.
Most correlated with TRC
| Symbol | Company | Correlation |
|---|---|---|
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 0.49 |
| WEYS | Weyco Group IncWHOLESALE-APPAREL, PIECE GOODS & NOTIONS | 0.47 |
| SIXS | ETC 6 Meridian Small Cap Equity ETF | 0.47 |
| FCBC | First Community Bankshares, Inc. (VA)STATE COMMERCIAL BANKS | 0.46 |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 0.46 |
Frequently asked questions about TRC correlations
- Which stocks are most correlated with TRC?
- Based on one year of daily returns, the stocks most correlated with Tejon Ranch Co. (TRC) are SMLV (0.49), WEYS (0.47) and SIXS (0.47). 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 TRC?
- Over the past year, the stocks most inversely correlated with Tejon Ranch Co. (TRC) are SKRE (-0.37), SDD (-0.35) and SBB (-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 TRC correlations calculated?
- We compute the correlation of daily returns between TRC 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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