Which stocks are most correlated with WKC?

Based on one year of daily returns, the stocks most correlated with World Kinect Corporation (WKC) are FYT (0.38), MYLD (0.38) and SYLD (0.38). 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 WKC?

Over the past year, the stocks most inversely correlated with World Kinect Corporation (WKC) are CHSN (-0.32), SBB (-0.29) and SDD (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

World Kinect Corporation (WKC) — Stock Correlations & Overview

Over the past year, WKC has moved most closely with FYT, MYLD, SYLD. Explore the stocks most correlated and inversely correlated with WKC below, along with its price, financials, and company profile.

Stocks correlated with WKC

Correlation of daily returns. Higher positive values move with WKC; negative values move opposite it. Informational only, not investment advice.

Most correlated with WKC

Symbol	Company	Correlation
FYT	First Trust Small Cap Value AlphaDEX Fund	0.38
MYLD	Cambria Micro and SmallCap Shareholder Yield ETF	0.38
SYLD	Cambria Shareholder Yield ETF	0.38
RDIV	Invesco S&P Ultra Dividend Revenue ETFINVESTMENT ADVICE	0.38
MSBI	Midland States Bancorp, Inc. Common StockSTATE COMMERCIAL BANKS	0.38

Most inversely correlated with WKC

Symbol	Company	Correlation
CHSN	Chanson International Holding Class A Ordinary Shares	-0.32
SBB	ProShares Short SmallCap600	-0.29
SDD	ProShares UltraShort SmallCap600	-0.28
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.27
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.27

Frequently asked questions about WKC correlations

Which stocks are most correlated with WKC?: Based on one year of daily returns, the stocks most correlated with World Kinect Corporation (WKC) are FYT (0.38), MYLD (0.38) and SYLD (0.38). 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 WKC?: Over the past year, the stocks most inversely correlated with World Kinect Corporation (WKC) are CHSN (-0.32), SBB (-0.29) and SDD (-0.28). 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 WKC correlations calculated?: We compute the correlation of daily returns between WKC 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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