Which stocks are most correlated with UHS?

Based on one year of daily returns, the stocks most correlated with Universal Health Services, Inc. Class B (UHS) are HCA (0.66), THC (0.59) and CHE (0.44). 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 UHS?

Over the past year, the stocks most inversely correlated with Universal Health Services, Inc. Class B (UHS) are SZK (-0.33), RXD (-0.31) and EMTY (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.

Universal Health Services, Inc. Class B (UHS) — Stock Correlations & Overview

Over the past year, UHS has moved most closely with HCA, THC, CHE. Explore the stocks most correlated and inversely correlated with UHS below, along with its price, financials, and company profile.

Stocks correlated with UHS

Correlation of daily returns. Higher positive values move with UHS; negative values move opposite it. Informational only, not investment advice.

Most correlated with UHS

Symbol	Company	Correlation
HCA	HCA Healthcare, Inc.SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC	0.66
THC	Tenet Healthcare Corporation NewSERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC	0.59
CHE	Chemed CorporationSERVICES-HOME HEALTH CARE SERVICES	0.44
ENSG	The Ensign Group, Inc.SERVICES-SKILLED NURSING CARE FACILITIES	0.43
PNTG	The Pennant Group, Inc. Common StockSERVICES-HEALTH SERVICES	0.42

Most inversely correlated with UHS

Symbol	Company	Correlation
SZK	ProShares UltraShort Consumer Staples	-0.33
RXD	ProShares UltraShort Health Care	-0.31
EMTY	ProShares Decline of the Retail Store ETF	-0.29
OPRA	Opera Limited American Depositary Shares	-0.26
LABX	Tradr 2X Long ALAB Daily ETF	-0.26

Frequently asked questions about UHS correlations

Which stocks are most correlated with UHS?: Based on one year of daily returns, the stocks most correlated with Universal Health Services, Inc. Class B (UHS) are HCA (0.66), THC (0.59) and CHE (0.44). 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 UHS?: Over the past year, the stocks most inversely correlated with Universal Health Services, Inc. Class B (UHS) are SZK (-0.33), RXD (-0.31) and EMTY (-0.29). 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 UHS correlations calculated?: We compute the correlation of daily returns between UHS 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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