Which stocks are most correlated with BRLS?

Based on one year of daily returns, the stocks most correlated with Borealis Foods Inc. Class A Common Shares (BRLS) are VAL (0.30), VAL.WS (0.27) and SIMO (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 BRLS?

Over the past year, the stocks most inversely correlated with Borealis Foods Inc. Class A Common Shares (BRLS) are KD (-0.44), HVII (-0.31) and WAT (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

Borealis Foods Inc. Class A Common Shares (BRLS) — Stock Correlations & Overview

Over the past year, BRLS has moved most closely with VAL, VAL.WS, SIMO. Explore the stocks most correlated and inversely correlated with BRLS below, along with its price, financials, and company profile.

Stocks correlated with BRLS

Correlation of daily returns. Higher positive values move with BRLS; negative values move opposite it. Informational only, not investment advice.

Most correlated with BRLS

Symbol	Company	Correlation
VAL	Valaris LimitedDRILLING OIL & GAS WELLS	0.30
VAL.WS	Valaris Limited Warrants to purchase Common SharesDRILLING OIL & GAS WELLS	0.27
SIMO	Silicon Motion Technology Corporation	0.26
JRSH	Jerash Holdings (US), Inc. Common StockAPPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL	0.25
RDAC	Rising Dragon Acquisition Corp. Ordinary SharesBLANK CHECKS	0.23

Most inversely correlated with BRLS

Symbol	Company	Correlation
KD	Kyndryl Holdings, Inc.SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN	-0.44
HVII	Hennessy Capital Investment Corp. VII Ordinary SharesELECTRIC SERVICES	-0.31
WAT	Waters CorpLABORATORY ANALYTICAL INSTRUMENTS	-0.28
WMT	Walmart Inc. Common StockRETAIL-VARIETY STORES	-0.25
UVV	Universal CorporationWHOLESALE-FARM PRODUCT RAW MATERIALS	-0.23

Frequently asked questions about BRLS correlations

Which stocks are most correlated with BRLS?: Based on one year of daily returns, the stocks most correlated with Borealis Foods Inc. Class A Common Shares (BRLS) are VAL (0.30), VAL.WS (0.27) and SIMO (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 BRLS?: Over the past year, the stocks most inversely correlated with Borealis Foods Inc. Class A Common Shares (BRLS) are KD (-0.44), HVII (-0.31) and WAT (-0.28). 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 BRLS correlations calculated?: We compute the correlation of daily returns between BRLS 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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