Bon Natural Life Limited Class A Ordinary Shares (BON) — Stock Correlations & Overview
Over the past year, BON has moved most closely with SAIH, CWD, DSY. Explore the stocks most correlated and inversely correlated with BON below, along with its price, financials, and company profile.
Stocks correlated with BON
Correlation of daily returns. Higher positive values move with BON; negative values move opposite it. Informational only, not investment advice.
Most correlated with BON
| Symbol | Company | Correlation |
|---|---|---|
| SAIH | SAIHEAT Limited Class A Ordinary SharesSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.37 |
| CWD | CaliberCos Inc. Class A Common StockREAL ESTATE | 0.32 |
| DSY | Big Tree Cloud Holdings Limited Class A Ordinary Shares | 0.30 |
| ISPC | iSpecimen Inc. Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH | 0.28 |
| CPOP | Pop Culture Group Co., Ltd Class A Ordinary Shares | 0.27 |
Most inversely correlated with BON
| Symbol | Company | Correlation |
|---|---|---|
| CNM | Core & Main, Inc.WHOLESALE-DURABLE GOODS, NEC | -0.30 |
| AKR | Acadia Realty TrustREAL ESTATE INVESTMENT TRUSTS | -0.22 |
| PBYI | PUMA BIOTECHNOLOGY INCPHARMACEUTICAL PREPARATIONS | -0.20 |
| FFIU | UVA Unconstrained Medium-Term Fixed Income ETF | -0.20 |
| MWA | Mueller Water Products, Inc.MISCELLANEOUS FABRICATED METAL PRODUCTS | -0.20 |
Frequently asked questions about BON correlations
- Which stocks are most correlated with BON?
- Based on one year of daily returns, the stocks most correlated with Bon Natural Life Limited Class A Ordinary Shares (BON) are SAIH (0.37), CWD (0.32) and DSY (0.30). 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 BON?
- Over the past year, the stocks most inversely correlated with Bon Natural Life Limited Class A Ordinary Shares (BON) are CNM (-0.30), AKR (-0.22) and PBYI (-0.20). 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 BON correlations calculated?
- We compute the correlation of daily returns between BON 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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