Which stocks are most correlated with CCM?

Based on one year of daily returns, the stocks most correlated with Concord Medical Services Holding Limited (CCM) are VRME (0.32), SKK (0.28) and GNPX (0.27). 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 CCM?

Over the past year, the stocks most inversely correlated with Concord Medical Services Holding Limited (CCM) are PECO (-0.25), UE (-0.24) and CNA (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

Concord Medical Services Holding Limited (CCM) — Stock Correlations & Overview

Over the past year, CCM has moved most closely with VRME, SKK, GNPX. Explore the stocks most correlated and inversely correlated with CCM below, along with its price, financials, and company profile.

Stocks correlated with CCM

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

Most correlated with CCM

Symbol	Company	Correlation
VRME	VerifyMe, Inc. Common StockFINANCE SERVICES	0.32
SKK	SKK Holdings Limited Class A Ordinary Shares	0.28
GNPX	Genprex, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.27
PLAG	Planet Green Holdings Corp.CANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES	0.26
BNKK	Bonk, Inc. Common StockPERFUMES, COSMETICS & OTHER TOILET PREPARATIONS	0.26

Most inversely correlated with CCM

Symbol	Company	Correlation
PECO	Phillips Edison & Company, Inc. Common StockREAL ESTATE INVESTMENT TRUSTS	-0.25
UE	UBRAN EDGE PROPERTIESREAL ESTATE	-0.24
CNA	CNA Financial CorporationFIRE, MARINE & CASUALTY INSURANCE	-0.23
TSMZ	Direxion Shares ETF Trust Direxion Daily TSM Bear 1X ETF	-0.23
L	Loews CorporationFIRE, MARINE & CASUALTY INSURANCE	-0.22

Frequently asked questions about CCM correlations

Which stocks are most correlated with CCM?: Based on one year of daily returns, the stocks most correlated with Concord Medical Services Holding Limited (CCM) are VRME (0.32), SKK (0.28) and GNPX (0.27). 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 CCM?: Over the past year, the stocks most inversely correlated with Concord Medical Services Holding Limited (CCM) are PECO (-0.25), UE (-0.24) and CNA (-0.23). 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 CCM correlations calculated?: We compute the correlation of daily returns between CCM 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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