Universal Technical Institute, Inc. (UTI) — Stock Correlations & Overview
Over the past year, UTI has moved most closely with LINC, TDUP, PRDO. Explore the stocks most correlated and inversely correlated with UTI below, along with its price, financials, and company profile.
Stocks correlated with UTI
Correlation of daily returns. Higher positive values move with UTI; negative values move opposite it. Informational only, not investment advice.
Most correlated with UTI
| Symbol | Company | Correlation |
|---|---|---|
| LINC | Lincoln Educational ServicesSERVICES-EDUCATIONAL SERVICES | 0.67 |
| TDUP | ThredUp Inc. Class A Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.50 |
| PRDO | Perdoceo Education CorporationSERVICES-EDUCATIONAL SERVICES | 0.48 |
| APEI | American Public Education, Inc.SERVICES-EDUCATIONAL SERVICES | 0.47 |
| LZ | LegalZoom.com, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.43 |
Most inversely correlated with UTI
| Symbol | Company | Correlation |
|---|---|---|
| WYHG | Wing Yip Food Holdings Group Limited American Depositary Shares | -0.41 |
| XHLD | TEN Holdings, Inc. Common StockSERVICES-BUSINESS SERVICES, NEC | -0.32 |
| CLRO | ClearOne, Inc. Common StockTELEPHONE & TELEGRAPH APPARATUS | -0.28 |
| SBB | ProShares Short SmallCap600 | -0.26 |
| SDD | ProShares UltraShort SmallCap600 | -0.25 |
Frequently asked questions about UTI correlations
- Which stocks are most correlated with UTI?
- Based on one year of daily returns, the stocks most correlated with Universal Technical Institute, Inc. (UTI) are LINC (0.67), TDUP (0.50) and PRDO (0.48). 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 UTI?
- Over the past year, the stocks most inversely correlated with Universal Technical Institute, Inc. (UTI) are WYHG (-0.41), XHLD (-0.32) and CLRO (-0.28). 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 UTI correlations calculated?
- We compute the correlation of daily returns between UTI 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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