The Western Union Company (WU) — Stock Correlations & Overview
Over the past year, WU has moved most closely with EEFT, MYGN, BIOA. Explore the stocks most correlated and inversely correlated with WU below, along with its price, financials, and company profile.
Stocks correlated with WU
Correlation of daily returns. Higher positive values move with WU; negative values move opposite it. Informational only, not investment advice.
Most correlated with WU
| Symbol | Company | Correlation |
|---|---|---|
| EEFT | Euronet Worldwide IncFUNCTIONS RELATED TO DEPOSITORY BANKING, NEC | 0.47 |
| MYGN | Myriad Genetics IncIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | 0.45 |
| BIOA | BioAge Labs, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.43 |
| LSAT | LeaderShares AlphaFactor Tactical Focused ETF | 0.42 |
| KPTI | Karyopharm Therapeutics Inc.PHARMACEUTICAL PREPARATIONS | 0.42 |
Most inversely correlated with WU
| Symbol | Company | Correlation |
|---|---|---|
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.33 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.32 |
| FCUV | Focus Universal Inc. Common StockINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | -0.31 |
| SKF | ProShares UltraShort Financials | -0.27 |
| SEF | ProShares Short Financials | -0.27 |
Frequently asked questions about WU correlations
- Which stocks are most correlated with WU?
- Based on one year of daily returns, the stocks most correlated with The Western Union Company (WU) are EEFT (0.47), MYGN (0.45) and BIOA (0.43). 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 WU?
- Over the past year, the stocks most inversely correlated with The Western Union Company (WU) are DWSH (-0.33), HDGE (-0.32) and FCUV (-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 WU correlations calculated?
- We compute the correlation of daily returns between WU 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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