UNIFI, Inc. New (UFI) — Stock Correlations & Overview
Over the past year, UFI has moved most closely with VOD, BRBS, IPST. Explore the stocks most correlated and inversely correlated with UFI below, along with its price, financials, and company profile.
Stocks correlated with UFI
Correlation of daily returns. Higher positive values move with UFI; negative values move opposite it. Informational only, not investment advice.
Most correlated with UFI
| Symbol | Company | Correlation |
|---|---|---|
| VOD | Vodafone Group PLC | 0.27 |
| BRBS | Blue Ridge Bankshares, Inc.STATE COMMERCIAL BANKS | 0.26 |
| IPST | IP Strategy Holdings, Inc. Common StockBEVERAGES | 0.25 |
| TITN | Titan Machinery Inc.RETAIL-RETAIL STORES, NEC | 0.25 |
| GCO | Genesco Inc.RETAIL-SHOE STORES | 0.25 |
Most inversely correlated with UFI
| Symbol | Company | Correlation |
|---|---|---|
| EYPT | EyePoint, Inc. Common StockLABORATORY ANALYTICAL INSTRUMENTS | -0.37 |
| BALY | Bally's CorporationHOTELS & MOTELS | -0.23 |
| AIFU | AIFU Inc. Class A Ordinary Share | -0.21 |
| NXGL | NexGel, Inc Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.20 |
| BRFH | Barfresh Food Group Inc. Common StockCANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES | -0.19 |
Frequently asked questions about UFI correlations
- Which stocks are most correlated with UFI?
- Based on one year of daily returns, the stocks most correlated with UNIFI, Inc. New (UFI) are VOD (0.27), BRBS (0.26) and IPST (0.25). 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 UFI?
- Over the past year, the stocks most inversely correlated with UNIFI, Inc. New (UFI) are EYPT (-0.37), BALY (-0.23) and AIFU (-0.21). 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 UFI correlations calculated?
- We compute the correlation of daily returns between UFI 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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