Which stocks are most correlated with ANL?

Based on one year of daily returns, the stocks most correlated with Adlai Nortye Group Ltd. American Depositary Shares (ANL) are ELPW (0.34), PHOE (0.34) and RGT (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 ANL?

Over the past year, the stocks most inversely correlated with Adlai Nortye Group Ltd. American Depositary Shares (ANL) are QNCX (-0.42), GUTS (-0.37) and GOAI (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

Adlai Nortye Group Ltd. American Depositary Shares (ANL) — Stock Correlations & Overview

Over the past year, ANL has moved most closely with ELPW, PHOE, RGT. Explore the stocks most correlated and inversely correlated with ANL below, along with its price, financials, and company profile.

Stocks correlated with ANL

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

Most correlated with ANL

Symbol	Company	Correlation
ELPW	Elong Power Holding Limited Class A Ordinary Shares	0.34
PHOE	Phoenix Asia Holdings Limited Ordinary Shares	0.34
RGT	Royce Global Trust, Inc.	0.32
MOD	Modine Manufacturing CoMOTOR VEHICLE PARTS & ACCESSORIES	0.29
TPST	Tempest Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.29

Most inversely correlated with ANL

Symbol	Company	Correlation
QNCX	Quince Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	-0.42
GUTS	Fractyl Health, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS	-0.37
GOAI	Eva Live Inc. Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.	-0.28
KXIN	Kaixin Holdings Ordinary SharesRETAIL-AUTO DEALERS & GASOLINE STATIONS	-0.27
AXG	Solowin Holdings Class A Ordinary Share	-0.26

Frequently asked questions about ANL correlations

Which stocks are most correlated with ANL?: Based on one year of daily returns, the stocks most correlated with Adlai Nortye Group Ltd. American Depositary Shares (ANL) are ELPW (0.34), PHOE (0.34) and RGT (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 ANL?: Over the past year, the stocks most inversely correlated with Adlai Nortye Group Ltd. American Depositary Shares (ANL) are QNCX (-0.42), GUTS (-0.37) and GOAI (-0.28). 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 ANL correlations calculated?: We compute the correlation of daily returns between ANL 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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