ATA Creativity Global American Depositary Shares (AACG) — Stock Correlations & Overview
Over the past year, AACG has moved most closely with FGI, XHG, KHYB. Explore the stocks most correlated and inversely correlated with AACG below, along with its price, financials, and company profile.
Stocks correlated with AACG
Correlation of daily returns. Higher positive values move with AACG; negative values move opposite it. Informational only, not investment advice.
Most correlated with AACG
| Symbol | Company | Correlation |
|---|---|---|
| FGI | FGI Industries Ltd. Ordinary SharesHEATING EQUIP, EXCEPT ELEC & WARM AIR; & PLUMBING FIXTURES | 0.34 |
| XHG | XChange TEC.INC American Depositary Shares | 0.30 |
| KHYB | KraneShares Asia Pacific High Income USD Bond ETF | 0.23 |
| RTAC | Renatus Tactical Acquisition Corp I Class A Ordinary SharesBLANK CHECKS | 0.23 |
| DRAI | Draco Evolution AI ETF | 0.23 |
Most inversely correlated with AACG
| Symbol | Company | Correlation |
|---|---|---|
| YQQQ | YieldMax Short N100 Option Income Strategy ETF | -0.21 |
| FNGD | MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038COMMERCIAL BANKS, NEC | -0.20 |
| MMLP | Martin Midstream Partners LPWHOLESALE-PETROLEUM BULK STATIONS & TERMINALS | -0.19 |
| QQDN | ProShares Trust ProShares UltraShort QQQ Mega | -0.19 |
| CLBT | Cellebrite DI Ltd. Class A Ordinary Shares | -0.19 |
Frequently asked questions about AACG correlations
- Which stocks are most correlated with AACG?
- Based on one year of daily returns, the stocks most correlated with ATA Creativity Global American Depositary Shares (AACG) are FGI (0.34), XHG (0.30) and KHYB (0.23). 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 AACG?
- Over the past year, the stocks most inversely correlated with ATA Creativity Global American Depositary Shares (AACG) are YQQQ (-0.21), FNGD (-0.20) and MMLP (-0.19). 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 AACG correlations calculated?
- We compute the correlation of daily returns between AACG 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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