Which stocks are most correlated with ACMR?

Based on one year of daily returns, the stocks most correlated with ACM Research, Inc. Class A Common Stock (ACMR) are PSI (0.75), SOXY (0.74) and CHPY (0.74). 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 ACMR?

Over the past year, the stocks most inversely correlated with ACM Research, Inc. Class A Common Stock (ACMR) are SOXS (-0.72), TSXD (-0.68) and SSG (-0.65). A negative correlation means the two stocks have tended to move in opposite directions.

ACM Research, Inc. Class A Common Stock (ACMR) — Stock Correlations & Overview

Over the past year, ACMR has moved most closely with PSI, SOXY, CHPY. Explore the stocks most correlated and inversely correlated with ACMR below, along with its price, financials, and company profile.

Stocks correlated with ACMR

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

Most correlated with ACMR

Symbol	Company	Correlation
PSI	Invesco Semiconductors ETF	0.75
SOXY	YieldMax Target 12 Semiconductor Option Income ETF	0.74
CHPY	YieldMax Semiconductor Portfolio Option Income ETF	0.74
CHPS	Xtrackers Semiconductor Select Equity ETF	0.72
SMH	VanEck Semiconductor ETF	0.71

Most inversely correlated with ACMR

Symbol	Company	Correlation
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.72
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.68
SSG	ProShares UltraShort Semiconductors	-0.65
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.65
TECS	Direxion Daily Technology Bear 3x ETF	-0.64

Frequently asked questions about ACMR correlations

Which stocks are most correlated with ACMR?: Based on one year of daily returns, the stocks most correlated with ACM Research, Inc. Class A Common Stock (ACMR) are PSI (0.75), SOXY (0.74) and CHPY (0.74). 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 ACMR?: Over the past year, the stocks most inversely correlated with ACM Research, Inc. Class A Common Stock (ACMR) are SOXS (-0.72), TSXD (-0.68) and SSG (-0.65). 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 ACMR correlations calculated?: We compute the correlation of daily returns between ACMR 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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