Webull Corporation Warrants (BULLW) — Stock Correlations & Overview
Over the past year, BULLW has moved most closely with BULG, BULL, HOOW. Explore the stocks most correlated and inversely correlated with BULLW below, along with its price, financials, and company profile.
Stocks correlated with BULLW
Correlation of daily returns. Higher positive values move with BULLW; negative values move opposite it. Informational only, not investment advice.
Most correlated with BULLW
| Symbol | Company | Correlation |
|---|---|---|
| BULG | Leverage Shares 2X Long BULL Daily ETF | 0.79 |
| BULL | Webull Corporation Class A Ordinary Shares | 0.78 |
| HOOW | Roundhill HOOD WeeklyPay ETF | 0.59 |
| HOOD | Robinhood Markets, Inc. Class A Common StockSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.59 |
| ROBN | T-Rex 2X Long HOOD Daily Target ETF | 0.59 |
Most inversely correlated with BULLW
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.52 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.51 |
| FIAT | YieldMax Short COIN Option Income Strategy ETF | -0.48 |
| SMST | Tidal Trust II Defiance Daily Target 2x Short MSTR ETF | -0.48 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.48 |
Frequently asked questions about BULLW correlations
- Which stocks are most correlated with BULLW?
- Based on one year of daily returns, the stocks most correlated with Webull Corporation Warrants (BULLW) are BULG (0.79), BULL (0.78) and HOOW (0.59). 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 BULLW?
- Over the past year, the stocks most inversely correlated with Webull Corporation Warrants (BULLW) are SARK (-0.52), CONI (-0.51) and FIAT (-0.48). 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 BULLW correlations calculated?
- We compute the correlation of daily returns between BULLW 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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