Viemed Healthcare, Inc. Common Shares (VMD) — Stock Correlations & Overview
Over the past year, VMD has moved most closely with AHCO, SIXS, HNI. Explore the stocks most correlated and inversely correlated with VMD below, along with its price, financials, and company profile.
Stocks correlated with VMD
Correlation of daily returns. Higher positive values move with VMD; negative values move opposite it. Informational only, not investment advice.
Most correlated with VMD
| Symbol | Company | Correlation |
|---|---|---|
| AHCO | AdaptHealth Corp. Common StockSERVICES-HOME HEALTH CARE SERVICES | 0.51 |
| SIXS | ETC 6 Meridian Small Cap Equity ETF | 0.40 |
| HNI | HNI CorporationOFFICE FURNITURE (NO WOOD) | 0.37 |
| SNN | Smith & Nephew plc | 0.37 |
| AIN | Albany International Corp Class ABROADWOVEN FABRIC MILLS, MAN MADE FIBER & SILK | 0.37 |
Most inversely correlated with VMD
| Symbol | Company | Correlation |
|---|---|---|
| AMIX | Autonomix Medical, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.36 |
| RXD | ProShares UltraShort Health Care | -0.27 |
| SDD | ProShares UltraShort SmallCap600 | -0.25 |
| ANNAW | AleAnna, Inc. WarrantCRUDE PETROLEUM & NATURAL GAS | -0.25 |
| SBB | ProShares Short SmallCap600 | -0.24 |
Frequently asked questions about VMD correlations
- Which stocks are most correlated with VMD?
- Based on one year of daily returns, the stocks most correlated with Viemed Healthcare, Inc. Common Shares (VMD) are AHCO (0.51), SIXS (0.40) and HNI (0.37). 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 VMD?
- Over the past year, the stocks most inversely correlated with Viemed Healthcare, Inc. Common Shares (VMD) are AMIX (-0.36), RXD (-0.27) and SDD (-0.25). 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 VMD correlations calculated?
- We compute the correlation of daily returns between VMD 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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