Which stocks are most correlated with AGI?

Based on one year of daily returns, the stocks most correlated with Alamos Gold Inc. Class A Common Shares (AGI) are SGDM (0.91), RING (0.90) and NUGT (0.90). 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 AGI?

Over the past year, the stocks most inversely correlated with Alamos Gold Inc. Class A Common Shares (AGI) are DUST (-0.90), GDXD (-0.90) and JDST (-0.90). A negative correlation means the two stocks have tended to move in opposite directions.

Alamos Gold Inc. Class A Common Shares (AGI) — Stock Correlations & Overview

Over the past year, AGI has moved most closely with SGDM, RING, NUGT. Explore the stocks most correlated and inversely correlated with AGI below, along with its price, financials, and company profile.

Stocks correlated with AGI

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

Most correlated with AGI

Symbol	Company	Correlation
SGDM	Sprott Gold Miners ETF	0.91
RING	iShares MSCI Global Gold Miners ETF	0.90
NUGT	Direxion Daily Gold Miners Index Bull 2X ETF	0.90
GDX	VanEck Gold Miners ETF	0.90
GDXU	MicroSectors Gold Miners 3x Leveraged ETNCOMMERCIAL BANKS, NEC	0.90

Most inversely correlated with AGI

Symbol	Company	Correlation
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.90
GDXD	MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.90
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.90
DULL	MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.76
GLL	ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS	-0.76

Frequently asked questions about AGI correlations

Which stocks are most correlated with AGI?: Based on one year of daily returns, the stocks most correlated with Alamos Gold Inc. Class A Common Shares (AGI) are SGDM (0.91), RING (0.90) and NUGT (0.90). 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 AGI?: Over the past year, the stocks most inversely correlated with Alamos Gold Inc. Class A Common Shares (AGI) are DUST (-0.90), GDXD (-0.90) and JDST (-0.90). 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 AGI correlations calculated?: We compute the correlation of daily returns between AGI 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.