Avalon Holdings Corp. (AWX) — Stock Correlations & Overview
Over the past year, AWX has moved most closely with AQMS, GWAV, NVA. Explore the stocks most correlated and inversely correlated with AWX below, along with its price, financials, and company profile.
Stocks correlated with AWX
Correlation of daily returns. Higher positive values move with AWX; negative values move opposite it. Informational only, not investment advice.
Most correlated with AWX
| Symbol | Company | Correlation |
|---|---|---|
| AQMS | Aqua Metals, Inc. Common StockSECONDARY SMELTING & REFINING OF NONFERROUS METALS | 0.68 |
| GWAV | Greenwave Technology Solutions, Inc. Common StockWHOLESALE-METALS SERVICE CENTERS & OFFICES | 0.60 |
| NVA | Nova Minerals Corp | 0.54 |
| AKA | a.k.a. Brands Holding Corp.RETAIL-CATALOG & MAIL-ORDER HOUSES | 0.47 |
| KARO | Karooooo Ltd. Ordinary Shares | 0.41 |
Most inversely correlated with AWX
| Symbol | Company | Correlation |
|---|---|---|
| OMER | Omeros CorporationPHARMACEUTICAL PREPARATIONS | -0.37 |
| PFAI | Pinnacle Food Group Limited Class A Common Shares | -0.34 |
| TKC | TURKCELL ILETISIM HIZMETLERI A.S. ADS | -0.26 |
| CMREpC | COSTAMARE INC. 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par value | -0.25 |
| OEC | Orion S.A.MISCELLANEOUS CHEMICAL PRODUCTS | -0.24 |
Frequently asked questions about AWX correlations
- Which stocks are most correlated with AWX?
- Based on one year of daily returns, the stocks most correlated with Avalon Holdings Corp. (AWX) are AQMS (0.68), GWAV (0.60) and NVA (0.54). 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 AWX?
- Over the past year, the stocks most inversely correlated with Avalon Holdings Corp. (AWX) are OMER (-0.37), PFAI (-0.34) and TKC (-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 AWX correlations calculated?
- We compute the correlation of daily returns between AWX 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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