Unisys Corporation (UIS) — Stock Correlations & Overview
Over the past year, UIS has moved most closely with FINX, PRTH, BPAY. Explore the stocks most correlated and inversely correlated with UIS below, along with its price, financials, and company profile.
Stocks correlated with UIS
Correlation of daily returns. Higher positive values move with UIS; negative values move opposite it. Informational only, not investment advice.
Most correlated with UIS
| Symbol | Company | Correlation |
|---|---|---|
| FINX | Global X Funds Global X FinTech ETF | 0.53 |
| PRTH | Priority Technology Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.52 |
| BPAY | iShares FinTech Active ETF | 0.52 |
| XSW | State Street SPDR S&P Software & Services ETF | 0.52 |
| DTEC | ALPS Disruptive Technologies ETF | 0.51 |
Most inversely correlated with UIS
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.48 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.45 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.45 |
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.44 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.43 |
Frequently asked questions about UIS correlations
- Which stocks are most correlated with UIS?
- Based on one year of daily returns, the stocks most correlated with Unisys Corporation (UIS) are FINX (0.53), PRTH (0.52) and BPAY (0.52). 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 UIS?
- Over the past year, the stocks most inversely correlated with Unisys Corporation (UIS) are HDGE (-0.48), WEBS (-0.45) and SARK (-0.45). 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 UIS correlations calculated?
- We compute the correlation of daily returns between UIS 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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