CDT Environmental Technology Investment Holdings Limited ordinary shares (CDTG) — Stock Correlations & Overview
Over the past year, CDTG has moved most closely with HVII, CWD, SOS. Explore the stocks most correlated and inversely correlated with CDTG below, along with its price, financials, and company profile.
Stocks correlated with CDTG
Correlation of daily returns. Higher positive values move with CDTG; negative values move opposite it. Informational only, not investment advice.
Most correlated with CDTG
| Symbol | Company | Correlation |
|---|---|---|
| HVII | Hennessy Capital Investment Corp. VII Ordinary SharesELECTRIC SERVICES | 0.28 |
| CWD | CaliberCos Inc. Class A Common StockREAL ESTATE | 0.26 |
| SOS | SOS Limited | 0.25 |
| IMXI | International Money Express, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.23 |
| TTXU | Direxion Daily Technology Top 5 Bull 2X ETF | 0.22 |
Most inversely correlated with CDTG
| Symbol | Company | Correlation |
|---|---|---|
| TTXD | Direxion Daily Technology Top 5 Bear 2X ETF | -0.21 |
| IGIC | International General Insurance Holdings Ltd. Ordinary Share | -0.21 |
| HG | Hamilton Insurance Group, Ltd. Class B Common SharesFIRE, MARINE & CASUALTY INSURANCE | -0.20 |
| ACGL | Arch Capital Group LtdFIRE, MARINE & CASUALTY INSURANCE | -0.19 |
| ENSG | The Ensign Group, Inc.SERVICES-SKILLED NURSING CARE FACILITIES | -0.19 |
Frequently asked questions about CDTG correlations
- Which stocks are most correlated with CDTG?
- Based on one year of daily returns, the stocks most correlated with CDT Environmental Technology Investment Holdings Limited ordinary shares (CDTG) are HVII (0.28), CWD (0.26) and SOS (0.25). 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 CDTG?
- Over the past year, the stocks most inversely correlated with CDT Environmental Technology Investment Holdings Limited ordinary shares (CDTG) are TTXD (-0.21), IGIC (-0.21) and HG (-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 CDTG correlations calculated?
- We compute the correlation of daily returns between CDTG 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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