Wd-40 Co (WDFC) — Stock Correlations & Overview
Over the past year, WDFC has moved most closely with PSCC, TMDV, SMDV. Explore the stocks most correlated and inversely correlated with WDFC below, along with its price, financials, and company profile.
Stocks correlated with WDFC
Correlation of daily returns. Higher positive values move with WDFC; negative values move opposite it. Informational only, not investment advice.
Most correlated with WDFC
| Symbol | Company | Correlation |
|---|---|---|
| PSCC | Invesco S&P SmallCap Consumer Staples ETFINVESTMENT ADVICE | 0.46 |
| TMDV | ProShares Russell US Dividend Growers ETF | 0.42 |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 0.41 |
| PG | Procter & Gamble CompanySOAP, DETERGENTS, CLEANG PREPARATIONS, PERFUMES, COSMETICS | 0.40 |
| CL | Colgate-Palmolive CompanyPERFUMES, COSMETICS & OTHER TOILET PREPARATIONS | 0.40 |
Most inversely correlated with WDFC
| Symbol | Company | Correlation |
|---|---|---|
| SZK | ProShares UltraShort Consumer Staples | -0.37 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.30 |
| USE | USCF Energy Commodity Strategy Absolute Return Fund | -0.29 |
| CTA | Simplify Managed Futures Strategy ETFPLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) | -0.29 |
| USOY | Defiance Oil Enhanced Options Income ETF | -0.27 |
Frequently asked questions about WDFC correlations
- Which stocks are most correlated with WDFC?
- Based on one year of daily returns, the stocks most correlated with Wd-40 Co (WDFC) are PSCC (0.46), TMDV (0.42) and SMDV (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 WDFC?
- Over the past year, the stocks most inversely correlated with Wd-40 Co (WDFC) are SZK (-0.37), EMTY (-0.30) and USE (-0.29). 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 WDFC correlations calculated?
- We compute the correlation of daily returns between WDFC 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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