Which stocks are most correlated with AUGO?

Based on one year of daily returns, the stocks most correlated with Aura Minerals Inc. Common Shares (AUGO) are GDXJ (0.83), GDMN (0.83) and JNUG (0.83). 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 AUGO?

Over the past year, the stocks most inversely correlated with Aura Minerals Inc. Common Shares (AUGO) are GDXD (-0.83), JDST (-0.83) and DUST (-0.83). A negative correlation means the two stocks have tended to move in opposite directions.

Aura Minerals Inc. Common Shares (AUGO) — Stock Correlations & Overview

Over the past year, AUGO has moved most closely with GDXJ, GDMN, JNUG. Explore the stocks most correlated and inversely correlated with AUGO below, along with its price, financials, and company profile.

Stocks correlated with AUGO

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

Most correlated with AUGO

Symbol	Company	Correlation
GDXJ	VanEck Junior Gold Miners ETF	0.83
GDMN	WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	0.83
JNUG	Direxion Daily Junior Gold Miners Index Bull 2X ETF	0.83
GDX	VanEck Gold Miners ETF	0.83
GBUG	Sprott Active Gold & Silver Miners ETF	0.83

Most inversely correlated with AUGO

Symbol	Company	Correlation
GDXD	MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.83
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.83
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.83
GLL	ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS	-0.77
DULL	MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.77

Frequently asked questions about AUGO correlations

Which stocks are most correlated with AUGO?: Based on one year of daily returns, the stocks most correlated with Aura Minerals Inc. Common Shares (AUGO) are GDXJ (0.83), GDMN (0.83) and JNUG (0.83). 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 AUGO?: Over the past year, the stocks most inversely correlated with Aura Minerals Inc. Common Shares (AUGO) are GDXD (-0.83), JDST (-0.83) and DUST (-0.83). 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 AUGO correlations calculated?: We compute the correlation of daily returns between AUGO 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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