AMPLITECH GROUP INC. COM (AMPG) — Stock Correlations & Overview
Over the past year, AMPG has moved most closely with VERI, TMCWW, ARKK. Explore the stocks most correlated and inversely correlated with AMPG below, along with its price, financials, and company profile.
Stocks correlated with AMPG
Correlation of daily returns. Higher positive values move with AMPG; negative values move opposite it. Informational only, not investment advice.
Most correlated with AMPG
| Symbol | Company | Correlation |
|---|---|---|
| VERI | Veritone, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.45 |
| TMCWW | TMC the metals company Inc. WarrantsMETAL MINING | 0.43 |
| ARKK | ARK Innovation ETF | 0.43 |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 0.42 |
| WISE | Themes Generative Artificial Intelligence ETF | 0.42 |
Most inversely correlated with AMPG
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.43 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.38 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.38 |
| CAOS | Alpha Architect Tail Risk ETF | -0.36 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | -0.35 |
Frequently asked questions about AMPG correlations
- Which stocks are most correlated with AMPG?
- Based on one year of daily returns, the stocks most correlated with AMPLITECH GROUP INC. COM (AMPG) are VERI (0.45), TMCWW (0.43) and ARKK (0.43). 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 AMPG?
- Over the past year, the stocks most inversely correlated with AMPLITECH GROUP INC. COM (AMPG) are SARK (-0.43), IONZ (-0.38) and RGTZ (-0.38). 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 AMPG correlations calculated?
- We compute the correlation of daily returns between AMPG 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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