The Wendy's Company (WEN) — Stock Correlations & Overview
Over the past year, WEN has moved most closely with JACK, PTLO, KBH. Explore the stocks most correlated and inversely correlated with WEN below, along with its price, financials, and company profile.
Stocks correlated with WEN
Correlation of daily returns. Higher positive values move with WEN; negative values move opposite it. Informational only, not investment advice.
Most correlated with WEN
| Symbol | Company | Correlation |
|---|---|---|
| JACK | Jack in the Box Inc.RETAIL-EATING PLACES | 0.48 |
| PTLO | Portillo's Inc. Class A Common StockRETAIL-EATING PLACES | 0.40 |
| KBH | KB HomeOPERATIVE BUILDERS | 0.40 |
| PSCC | Invesco S&P SmallCap Consumer Staples ETFINVESTMENT ADVICE | 0.40 |
| GPN | Global Payments, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.38 |
Frequently asked questions about WEN correlations
- Which stocks are most correlated with WEN?
- Based on one year of daily returns, the stocks most correlated with The Wendy's Company (WEN) are JACK (0.48), PTLO (0.40) and KBH (0.40). 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 WEN?
- Over the past year, the stocks most inversely correlated with The Wendy's Company (WEN) are EMTY (-0.37), DWSH (-0.36) and HDGE (-0.31). 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 WEN correlations calculated?
- We compute the correlation of daily returns between WEN 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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