Which stocks are most correlated with WTTR?

Based on one year of daily returns, the stocks most correlated with Select Water Solutions, Inc. (WTTR) are NVIR (0.59), XES (0.57) and OIH (0.53). 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 WTTR?

Over the past year, the stocks most inversely correlated with Select Water Solutions, Inc. (WTTR) are ERY (-0.39), DUG (-0.39) and OILD (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.

Select Water Solutions, Inc. (WTTR) — Stock Correlations & Overview

Over the past year, WTTR has moved most closely with NVIR, XES, OIH. Explore the stocks most correlated and inversely correlated with WTTR below, along with its price, financials, and company profile.

Stocks correlated with WTTR

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

Most correlated with WTTR

Symbol	Company	Correlation
NVIR	Horizon Kinetics Energy and Remediation ETF	0.59
XES	State Street SPDR S&P Oil & Gas Equipment & Services ETF	0.57
OIH	VanEck Oil Services ETF	0.53
IEZ	iShares U.S. Oil Equipment & Services ETF	0.50
ACDC	ProFrac Holding Corp. Class A Common StockOIL & GAS FIELD SERVICES, NEC	0.49

Most inversely correlated with WTTR

Symbol	Company	Correlation
ERY	Direxion Daily Energy Bear 2X ETF	-0.39
DUG	ProShares UltraShort Energy	-0.39
OILD	MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.39
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	-0.37
WTID	MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC	-0.36

Frequently asked questions about WTTR correlations

Which stocks are most correlated with WTTR?: Based on one year of daily returns, the stocks most correlated with Select Water Solutions, Inc. (WTTR) are NVIR (0.59), XES (0.57) and OIH (0.53). 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 WTTR?: Over the past year, the stocks most inversely correlated with Select Water Solutions, Inc. (WTTR) are ERY (-0.39), DUG (-0.39) and OILD (-0.39). 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 WTTR correlations calculated?: We compute the correlation of daily returns between WTTR 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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