Willdan Group, Inc. (WLDN) — Stock Correlations & Overview
Over the past year, WLDN has moved most closely with FLGT, ASCE, PSC. Explore the stocks most correlated and inversely correlated with WLDN below, along with its price, financials, and company profile.
Stocks correlated with WLDN
Correlation of daily returns. Higher positive values move with WLDN; negative values move opposite it. Informational only, not investment advice.
Most correlated with WLDN
| Symbol | Company | Correlation |
|---|---|---|
| FLGT | Fulgent Genetics, Inc. Common StockSERVICES-MEDICAL LABORATORIES | 0.53 |
| ASCE | Allspring SMID Core ETF | 0.49 |
| PSC | Principal Exchange-Traded Funds Principal U.S. Small-Cap ETF | 0.48 |
| ACA | Arcosa, Inc. Common StockFABRICATED STRUCTURAL METAL PRODUCTS | 0.47 |
| FYC | First Trust Small Cap Growth AlphaDEX Fund | 0.47 |
Frequently asked questions about WLDN correlations
- Which stocks are most correlated with WLDN?
- Based on one year of daily returns, the stocks most correlated with Willdan Group, Inc. (WLDN) are FLGT (0.53), ASCE (0.49) and PSC (0.48). 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 WLDN?
- Over the past year, the stocks most inversely correlated with Willdan Group, Inc. (WLDN) are RWM (-0.45), TWM (-0.44) and TZA (-0.44). 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 WLDN correlations calculated?
- We compute the correlation of daily returns between WLDN 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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