Amprius Technologies, Inc. (AMPX) — Stock Correlations & Overview
Over the past year, AMPX has moved most closely with AMPX.WS, PBW, BUZZ. Explore the stocks most correlated and inversely correlated with AMPX below, along with its price, financials, and company profile.
Stocks correlated with AMPX
Correlation of daily returns. Higher positive values move with AMPX; negative values move opposite it. Informational only, not investment advice.
Most correlated with AMPX
| Symbol | Company | Correlation |
|---|---|---|
| AMPX.WS | Amprius Technologies, Inc. Warrants to purchase one share of Common Stock at an exercise price of $11.50 per shareMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.96 |
| PBW | Invesco WilderHill Clean Energy ETF | 0.68 |
| BUZZ | VanEck Social Sentiment ETF | 0.65 |
| KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | 0.64 |
| MEME | Roundhill Meme Stock ETF | 0.64 |
Most inversely correlated with AMPX
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.56 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.53 |
| TWM | ProShares UltraShort Russell2000 | -0.53 |
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -0.53 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.52 |
Frequently asked questions about AMPX correlations
- Which stocks are most correlated with AMPX?
- Based on one year of daily returns, the stocks most correlated with Amprius Technologies, Inc. (AMPX) are AMPX.WS (0.96), PBW (0.68) and BUZZ (0.65). 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 AMPX?
- Over the past year, the stocks most inversely correlated with Amprius Technologies, Inc. (AMPX) are SARK (-0.56), TZA (-0.53) and TWM (-0.53). 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 AMPX correlations calculated?
- We compute the correlation of daily returns between AMPX 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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