Titan America SA (TTAM) — Stock Correlations & Overview
Over the past year, TTAM has moved most closely with PKB, FXR, XHB. Explore the stocks most correlated and inversely correlated with TTAM below, along with its price, financials, and company profile.
Stocks correlated with TTAM
Correlation of daily returns. Higher positive values move with TTAM; negative values move opposite it. Informational only, not investment advice.
Most correlated with TTAM
| Symbol | Company | Correlation |
|---|---|---|
| PKB | Invesco Building & Construction ETF | 0.74 |
| FXR | First Trust Industrials/Producer Durables AlphaDEX Fund | 0.74 |
| XHB | State Street SPDR S&P Homebuilders ETF | 0.72 |
| PAVE | Global X U.S. Infrastructure Development ETF | 0.72 |
| PSCI | Invesco S&P SmallCap Industrials ETFINVESTMENT ADVICE | 0.70 |
Frequently asked questions about TTAM correlations
- Which stocks are most correlated with TTAM?
- Based on one year of daily returns, the stocks most correlated with Titan America SA (TTAM) are PKB (0.74), FXR (0.74) and XHB (0.72). 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 TTAM?
- Over the past year, the stocks most inversely correlated with Titan America SA (TTAM) are MZZ (-0.69), SMDD (-0.69) and MYY (-0.69). 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 TTAM correlations calculated?
- We compute the correlation of daily returns between TTAM 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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