Bristow Group Inc. (VTOL) — Stock Correlations & Overview
Over the past year, VTOL has moved most closely with PXJ, IEZ, XPRO. Explore the stocks most correlated and inversely correlated with VTOL below, along with its price, financials, and company profile.
Stocks correlated with VTOL
Correlation of daily returns. Higher positive values move with VTOL; negative values move opposite it. Informational only, not investment advice.
Most correlated with VTOL
| Symbol | Company | Correlation |
|---|---|---|
| PXJ | Invesco Oil & Gas Services ETF | 0.60 |
| IEZ | iShares U.S. Oil Equipment & Services ETF | 0.57 |
| XPRO | Expro LtdOIL & GAS FIELD SERVICES, NEC | 0.55 |
| OIH | VanEck Oil Services ETF | 0.55 |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 0.54 |
Most inversely correlated with VTOL
| Symbol | Company | Correlation |
|---|---|---|
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.35 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.34 |
| DUG | ProShares UltraShort Energy | -0.34 |
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.31 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.30 |
Frequently asked questions about VTOL correlations
- Which stocks are most correlated with VTOL?
- Based on one year of daily returns, the stocks most correlated with Bristow Group Inc. (VTOL) are PXJ (0.60), IEZ (0.57) and XPRO (0.55). 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 VTOL?
- Over the past year, the stocks most inversely correlated with Bristow Group Inc. (VTOL) are OILD (-0.35), ERY (-0.34) and DUG (-0.34). 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 VTOL correlations calculated?
- We compute the correlation of daily returns between VTOL 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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