Blink Charging Co. Common Stock (BLNK) — Stock Correlations & Overview
Over the past year, BLNK has moved most closely with SATO, ARKK, BUZZ. Explore the stocks most correlated and inversely correlated with BLNK below, along with its price, financials, and company profile.
Stocks correlated with BLNK
Correlation of daily returns. Higher positive values move with BLNK; negative values move opposite it. Informational only, not investment advice.
Most correlated with BLNK
| Symbol | Company | Correlation |
|---|---|---|
| SATO | Invesco Alerian Galaxy Crypto Economy ETFINVESTMENT ADVICE | 0.60 |
| ARKK | ARK Innovation ETF | 0.60 |
| BUZZ | VanEck Social Sentiment ETF | 0.60 |
| KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | 0.59 |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 0.59 |
Most inversely correlated with BLNK
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.59 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.51 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.51 |
| TWM | ProShares UltraShort Russell2000 | -0.51 |
| RWM | ProShares Short Russell2000 | -0.51 |
Frequently asked questions about BLNK correlations
- Which stocks are most correlated with BLNK?
- Based on one year of daily returns, the stocks most correlated with Blink Charging Co. Common Stock (BLNK) are SATO (0.60), ARKK (0.60) and BUZZ (0.60). 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 BLNK?
- Over the past year, the stocks most inversely correlated with Blink Charging Co. Common Stock (BLNK) are SARK (-0.59), IONZ (-0.51) and SRTY (-0.51). 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 BLNK correlations calculated?
- We compute the correlation of daily returns between BLNK 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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