Stock Correlation Calculator
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Quick Summary
- See how closely 2-6 stocks actually move together using real daily price history. A high correlation means less diversification than it looks like on paper. Free tool.
- Built for Indian retail investors who want a free, no-login estimate before deciding.
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Based on up to 1 year of real daily closing prices. Needs at least 60 overlapping trading days per pair — a recently-listed stock may not have enough history yet.
How to read it
Correlation ranges from -1 to +1. Close to +1 means two stocks move almost in lockstep — holding both adds little diversification. Close to 0 or negative means they move independently (or oppositely), which is what genuinely spreads your risk. This is a historical statistic, not a prediction — correlations shift over time, especially during market stress when many stocks start moving together regardless of sector.
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* Calculations assume constant annual returns. Actual mutual fund returns vary. Past performance is not indicative of future results. FD comparison uses 7% p.a. SIP returns are compounded monthly.
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