Yext, Inc. (YEXT) — Stock Correlations & Overview
Over the past year, YEXT has moved most closely with XSW, WCLD, ASAN. Explore the stocks most correlated and inversely correlated with YEXT below, along with its price, financials, and company profile.
Stocks correlated with YEXT
Correlation of daily returns. Higher positive values move with YEXT; negative values move opposite it. Informational only, not investment advice.
Most correlated with YEXT
| Symbol | Company | Correlation |
|---|---|---|
| XSW | State Street SPDR S&P Software & Services ETF | 0.52 |
| WCLD | WisdomTree Cloud Computing Fund | 0.50 |
| ASAN | Asana, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.48 |
| INVN | Alger Russell Innovation ETF | 0.47 |
| DTEC | ALPS Disruptive Technologies ETF | 0.46 |
Most inversely correlated with YEXT
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.41 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.39 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.36 |
| SETH | ProShares Short Ether ETF | -0.27 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.27 |
Frequently asked questions about YEXT correlations
- Which stocks are most correlated with YEXT?
- Based on one year of daily returns, the stocks most correlated with Yext, Inc. (YEXT) are XSW (0.52), WCLD (0.50) and ASAN (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 YEXT?
- Over the past year, the stocks most inversely correlated with Yext, Inc. (YEXT) are HDGE (-0.41), DWSH (-0.39) and WEBS (-0.36). 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 YEXT correlations calculated?
- We compute the correlation of daily returns between YEXT 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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