Aterian, Inc. Common Stock (ATER) — Stock Correlations & Overview
Over the past year, ATER has moved most closely with OMCL, DDI, RBKB. Explore the stocks most correlated and inversely correlated with ATER below, along with its price, financials, and company profile.
Stocks correlated with ATER
Correlation of daily returns. Higher positive values move with ATER; negative values move opposite it. Informational only, not investment advice.
Most correlated with ATER
| Symbol | Company | Correlation |
|---|---|---|
| OMCL | Omnicell IncELECTRONIC COMPUTERS | 0.36 |
| DDI | DoubleDown Interactive Co., Ltd. American Depository Shares | 0.31 |
| RBKB | Rhinebeck Bancorp, Inc. Common StockSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | 0.29 |
| KFRC | Kforce Inc.SERVICES-HELP SUPPLY SERVICES | 0.28 |
| XSW | State Street SPDR S&P Software & Services ETF | 0.28 |
Most inversely correlated with ATER
| Symbol | Company | Correlation |
|---|---|---|
| SNGX | Soligenix, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.28 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.26 |
| HTCO | High-Trend International Group Class A Ordinary Shares | -0.26 |
| ERAS | Erasca, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.25 |
| NIPG | NIP Group Inc. American Depositary Shares | -0.23 |
Frequently asked questions about ATER correlations
- Which stocks are most correlated with ATER?
- Based on one year of daily returns, the stocks most correlated with Aterian, Inc. Common Stock (ATER) are OMCL (0.36), DDI (0.31) and RBKB (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 ATER?
- Over the past year, the stocks most inversely correlated with Aterian, Inc. Common Stock (ATER) are SNGX (-0.28), WEBS (-0.26) and HTCO (-0.26). 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 ATER correlations calculated?
- We compute the correlation of daily returns between ATER 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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