VOC ENERGY TRUST (VOC) — Stock Correlations & Overview
Over the past year, VOC has moved most closely with NDIV, NRGU, WTIU. Explore the stocks most correlated and inversely correlated with VOC below, along with its price, financials, and company profile.
Stocks correlated with VOC
Correlation of daily returns. Higher positive values move with VOC; negative values move opposite it. Informational only, not investment advice.
Most correlated with VOC
| Symbol | Company | Correlation |
|---|---|---|
| NDIV | Amplify Energy & Natural Resources Covered Call ETF | 0.43 |
| NRGU | MicroSectors U.S. Big Oil 3x Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | 0.43 |
| WTIU | MicroSectors Energy 3x Leveraged ETNsCOMMERCIAL BANKS, NEC | 0.41 |
| PXE | Invesco Energy Exploration & Production ETF | 0.41 |
| EOG | EOG Resources, Inc.CRUDE PETROLEUM & NATURAL GAS | 0.41 |
Most inversely correlated with VOC
| Symbol | Company | Correlation |
|---|---|---|
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.42 |
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.41 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.40 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.39 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.39 |
Frequently asked questions about VOC correlations
- Which stocks are most correlated with VOC?
- Based on one year of daily returns, the stocks most correlated with VOC ENERGY TRUST (VOC) are NDIV (0.43), NRGU (0.43) and WTIU (0.41). 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 VOC?
- Over the past year, the stocks most inversely correlated with VOC ENERGY TRUST (VOC) are NRGD (-0.42), DRIP (-0.41) and OILD (-0.40). 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 VOC correlations calculated?
- We compute the correlation of daily returns between VOC 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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