Boxlight Corporation Class A Common Stock (BOXL) — Stock Correlations & Overview
Over the past year, BOXL has moved most closely with KOD, MBX, AII. Explore the stocks most correlated and inversely correlated with BOXL below, along with its price, financials, and company profile.
Stocks correlated with BOXL
Correlation of daily returns. Higher positive values move with BOXL; negative values move opposite it. Informational only, not investment advice.
Most correlated with BOXL
| Symbol | Company | Correlation |
|---|---|---|
| KOD | Kodiak Sciences Inc Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.31 |
| MBX | MBX Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.31 |
| AII | American Integrity Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE | 0.28 |
| RMCF | Rocky Mountain Chocolate Factory, Inc. Common StockSUGAR & CONFECTIONERY PRODUCTS | 0.27 |
| OFAL | OFA Group Class A Ordinary SharesSERVICES-ENGINEERING SERVICES | 0.26 |
Most inversely correlated with BOXL
| Symbol | Company | Correlation |
|---|---|---|
| NCMI | National CineMedia, Inc.SERVICES-ADVERTISING | -0.33 |
| PLAG | Planet Green Holdings Corp.CANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES | -0.24 |
| IZEA | IZEA Worldwide, Inc. Common StockSERVICES-ADVERTISING | -0.22 |
| SLXN | Silexion Therapeutics Corp Ordinary SharesBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.21 |
| SMCZ | Defiance Daily Target 2X Short SMCI ETF | -0.20 |
Frequently asked questions about BOXL correlations
- Which stocks are most correlated with BOXL?
- Based on one year of daily returns, the stocks most correlated with Boxlight Corporation Class A Common Stock (BOXL) are KOD (0.31), MBX (0.31) and AII (0.28). 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 BOXL?
- Over the past year, the stocks most inversely correlated with Boxlight Corporation Class A Common Stock (BOXL) are NCMI (-0.33), PLAG (-0.24) and IZEA (-0.22). 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 BOXL correlations calculated?
- We compute the correlation of daily returns between BOXL 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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