Blue Gold Limited Warrant (BGLWW) — Stock Correlations & Overview
Over the past year, BGLWW has moved most closely with EPpC, BGL, TDW. Explore the stocks most correlated and inversely correlated with BGLWW below, along with its price, financials, and company profile.
Stocks correlated with BGLWW
Correlation of daily returns. Higher positive values move with BGLWW; negative values move opposite it. Informational only, not investment advice.
Most correlated with BGLWW
| Symbol | Company | Correlation |
|---|---|---|
| EPpC | El Paso Energy Capital Trust ICRUDE PETROLEUM & NATURAL GAS | 0.30 |
| BGL | Blue Gold Limited Class A Ordinary Shares | 0.30 |
| TDW | Tidewater, Inc.WATER TRANSPORTATION | 0.26 |
| MED | Medifast, Inc.MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS | 0.25 |
| RBKB | Rhinebeck Bancorp, Inc. Common StockSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | 0.24 |
Most inversely correlated with BGLWW
| Symbol | Company | Correlation |
|---|---|---|
| RITR | Reitar Logtech Holdings Limited Ordinary shares | -0.27 |
| AGMpD | Federal Agricultural Mortgage Corporation 5.700% Non-Cumulative Preferred Stock, Series DFEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES | -0.19 |
| ZCMD | Zhongchao Inc. Class A Ordinary Shares | -0.19 |
| HOLOW | MicroCloud Hologram Inc. WarrantSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | -0.19 |
| BIOA | BioAge Labs, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.18 |
Frequently asked questions about BGLWW correlations
- Which stocks are most correlated with BGLWW?
- Based on one year of daily returns, the stocks most correlated with Blue Gold Limited Warrant (BGLWW) are EPpC (0.30), BGL (0.30) and TDW (0.26). 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 BGLWW?
- Over the past year, the stocks most inversely correlated with Blue Gold Limited Warrant (BGLWW) are RITR (-0.27), AGMpD (-0.19) and ZCMD (-0.19). 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 BGLWW correlations calculated?
- We compute the correlation of daily returns between BGLWW 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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