Which stocks are most correlated with CGTL?

Based on one year of daily returns, the stocks most correlated with Creative Global Technology Holdings Limited Class A Ordinary Shares (CGTL) are DAIO (0.34), PCYO (0.27) and MVST (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 CGTL?

Over the past year, the stocks most inversely correlated with Creative Global Technology Holdings Limited Class A Ordinary Shares (CGTL) are ELME (-0.33), WTIP (-0.28) and PNRG (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Creative Global Technology Holdings Limited Class A Ordinary Shares (CGTL) — Stock Correlations & Overview

Over the past year, CGTL has moved most closely with DAIO, PCYO, MVST. Explore the stocks most correlated and inversely correlated with CGTL below, along with its price, financials, and company profile.

Stocks correlated with CGTL

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

Most correlated with CGTL

Symbol	Company	Correlation
DAIO	Data I/O CorpINSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS	0.34
PCYO	Pure Cycle CorporationWATER SUPPLY	0.27
MVST	Microvast Holdings, Inc. Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES	0.27
UHAL	U-Haul Holding CompanySERVICES-AUTO RENTAL & LEASING (NO DRIVERS)	0.26
DBRGpI	DigitalBridge Group, Inc. 7.15% Series I Cumulative Redeemable Perpetual Preferred StockINVESTMENT ADVICE	0.26

Most inversely correlated with CGTL

Symbol	Company	Correlation
ELME	Elme CommunitiesREAL ESTATE INVESTMENT TRUSTS	-0.33
WTIP	WisdomTree Inflation Plus Fund	-0.28
PNRG	PrimeEnergy Resources Corporation Common StockCRUDE PETROLEUM & NATURAL GAS	-0.27
MKTN	Federated Hermes MDT Market Neutral ETF	-0.26
SNPS	Synopsys IncSERVICES-PREPACKAGED SOFTWARE	-0.25

Frequently asked questions about CGTL correlations

Which stocks are most correlated with CGTL?: Based on one year of daily returns, the stocks most correlated with Creative Global Technology Holdings Limited Class A Ordinary Shares (CGTL) are DAIO (0.34), PCYO (0.27) and MVST (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 CGTL?: Over the past year, the stocks most inversely correlated with Creative Global Technology Holdings Limited Class A Ordinary Shares (CGTL) are ELME (-0.33), WTIP (-0.28) and PNRG (-0.27). 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 CGTL correlations calculated?: We compute the correlation of daily returns between CGTL 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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