Alset Inc. Common Stock (TX) (AEI) — Stock Correlations & Overview
Over the past year, AEI has moved most closely with MOGU, CPRO, RENT. Explore the stocks most correlated and inversely correlated with AEI below, along with its price, financials, and company profile.
Stocks correlated with AEI
Correlation of daily returns. Higher positive values move with AEI; negative values move opposite it. Informational only, not investment advice.
Most correlated with AEI
| Symbol | Company | Correlation |
|---|---|---|
| MOGU | MOGU Inc. American Depositary Shares, each representing three-hundred (300) Class A Ordinary Shares | 0.34 |
| CPRO | Calamos Russell 2000 Structured Alt Protection ETF - October | 0.33 |
| RENT | Rent the Runway, Inc. Class A Common StockRETAIL-RETAIL STORES, NEC | 0.32 |
| KRKR | 36Kr Holdings Inc. American Depositary Shares | 0.31 |
| KOCT | Innovator U.S. Small Cap Power Buffer ETF - October | 0.31 |
Frequently asked questions about AEI correlations
- Which stocks are most correlated with AEI?
- Based on one year of daily returns, the stocks most correlated with Alset Inc. Common Stock (TX) (AEI) are MOGU (0.34), CPRO (0.33) and RENT (0.32). 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 AEI?
- Over the past year, the stocks most inversely correlated with Alset Inc. Common Stock (TX) (AEI) are TZA (-0.25), TWM (-0.24) and SRTY (-0.24). 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 AEI correlations calculated?
- We compute the correlation of daily returns between AEI 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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