Anghami Inc. Ordinary Shares (ANGH) — Stock Correlations & Overview
Over the past year, ANGH has moved most closely with PSIG, APRP, FEBP. Explore the stocks most correlated and inversely correlated with ANGH below, along with its price, financials, and company profile.
Stocks correlated with ANGH
Correlation of daily returns. Higher positive values move with ANGH; negative values move opposite it. Informational only, not investment advice.
Most correlated with ANGH
| Symbol | Company | Correlation |
|---|---|---|
| PSIG | PS International Group Ltd. Ordinary Shares | 0.37 |
| APRP | PGIM S&P 500 Buffer 12 ETF - April | 0.27 |
| FEBP | PGIM S&P 500 Buffer 12 ETF - February | 0.25 |
| JUNP | PGIM S&P 500 Buffer 12 ETF - June | 0.24 |
| AXSM | Axsome Therapeutics, IncPHARMACEUTICAL PREPARATIONS | 0.24 |
Most inversely correlated with ANGH
| Symbol | Company | Correlation |
|---|---|---|
| XFLX | FundX Flexible ETF | -0.42 |
| CORT | Corcept Therapeutics Inc.PHARMACEUTICAL PREPARATIONS | -0.35 |
| HERZ | Herzfeld Credit Income Fund, Inc. Common Stock | -0.30 |
| JULH | Innovator Premium Income 20 Barrier ETF - July | -0.26 |
| IVF | INVO Fertility, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.25 |
Frequently asked questions about ANGH correlations
- Which stocks are most correlated with ANGH?
- Based on one year of daily returns, the stocks most correlated with Anghami Inc. Ordinary Shares (ANGH) are PSIG (0.37), APRP (0.27) and FEBP (0.25). 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 ANGH?
- Over the past year, the stocks most inversely correlated with Anghami Inc. Ordinary Shares (ANGH) are XFLX (-0.42), CORT (-0.35) and HERZ (-0.30). 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 ANGH correlations calculated?
- We compute the correlation of daily returns between ANGH 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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