Cenntro Inc. Common Stock (CENN) — Stock Correlations & Overview
Over the past year, CENN has moved most closely with COCH, ETTY, BFLB. Explore the stocks most correlated and inversely correlated with CENN below, along with its price, financials, and company profile.
Stocks correlated with CENN
Correlation of daily returns. Higher positive values move with CENN; negative values move opposite it. Informational only, not investment advice.
Most correlated with CENN
| Symbol | Company | Correlation |
|---|---|---|
| COCH | Envoy Medical, Inc. Class A Common StockORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | 0.36 |
| ETTY | Amplify Ethereum 3% Monthly Option Income ETF | 0.30 |
| BFLB | BufferLABS US Equity Dynamic Buffer ETF | 0.29 |
| EHY | Amplify Ethereum Max Income Covered Call ETF | 0.28 |
| AUBpA | Atlantic Union Bankshares Corporation Depositary Shares, Each Representing a 1/400th Interest in a Share of 6.875% Perpetual Non-Cumulative Preferred Stock, Series ASTATE COMMERCIAL BANKS | 0.28 |
Most inversely correlated with CENN
| Symbol | Company | Correlation |
|---|---|---|
| XBIO | Xenetic Biosciences, Inc.PHARMACEUTICAL PREPARATIONS | -0.44 |
| NXL | Nexalin Technology, Inc. Common StockELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS | -0.36 |
| TVA | Texas Ventures Acquisition III Corp Class A Ordinary ShareBLANK CHECKS | -0.29 |
| SCWO | 374Water Inc. Common StockMOTORS & GENERATORS | -0.29 |
| ACXP | Acurx Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.26 |
Frequently asked questions about CENN correlations
- Which stocks are most correlated with CENN?
- Based on one year of daily returns, the stocks most correlated with Cenntro Inc. Common Stock (CENN) are COCH (0.36), ETTY (0.30) and BFLB (0.29). 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 CENN?
- Over the past year, the stocks most inversely correlated with Cenntro Inc. Common Stock (CENN) are XBIO (-0.44), NXL (-0.36) and TVA (-0.29). 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 CENN correlations calculated?
- We compute the correlation of daily returns between CENN 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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