Which stocks are most correlated with APWC?

Based on one year of daily returns, the stocks most correlated with Asia Pacific Wire & Cable Corp (APWC) are CLWT (0.32), GEG (0.31) and GRVY (0.29). 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 APWC?

Over the past year, the stocks most inversely correlated with Asia Pacific Wire & Cable Corp (APWC) are ACN (-0.31), HURN (-0.28) and KR (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Asia Pacific Wire & Cable Corp (APWC) — Stock Correlations & Overview

Over the past year, APWC has moved most closely with CLWT, GEG, GRVY. Explore the stocks most correlated and inversely correlated with APWC below, along with its price, financials, and company profile.

Stocks correlated with APWC

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

Most correlated with APWC

Symbol	Company	Correlation
CLWT	Euro Tech Holdings Co Ltd. New	0.32
GEG	Great Elm Group, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE	0.31
GRVY	GRAVITY Co., Ltd.	0.29
ASIA	Matthews Pacific Tiger Active ETF	0.28
MINV	Matthews Asia Innovators Active ETF	0.27

Most inversely correlated with APWC

Symbol	Company	Correlation
ACN	Accenture PLCSERVICES-BUSINESS SERVICES, NEC	-0.31
HURN	Huron Consulting Group Inc.SERVICES-MANAGEMENT CONSULTING SERVICES	-0.28
KR	The Kroger Co.RETAIL-GROCERY STORES	-0.27
TXMD	TherapeuticsMD, Inc.PHARMACEUTICAL PREPARATIONS	-0.27
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.27

Frequently asked questions about APWC correlations

Which stocks are most correlated with APWC?: Based on one year of daily returns, the stocks most correlated with Asia Pacific Wire & Cable Corp (APWC) are CLWT (0.32), GEG (0.31) and GRVY (0.29). 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 APWC?: Over the past year, the stocks most inversely correlated with Asia Pacific Wire & Cable Corp (APWC) are ACN (-0.31), HURN (-0.28) and KR (-0.27). 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 APWC correlations calculated?: We compute the correlation of daily returns between APWC 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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