Which stocks are most correlated with CHA?

Based on one year of daily returns, the stocks most correlated with Chagee Holdings Limited American Depositary Shares (CHA) are PD (0.39), HUBS (0.34) and ASAN (0.34). 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 CHA?

Over the past year, the stocks most inversely correlated with Chagee Holdings Limited American Depositary Shares (CHA) are DWSH (-0.26), HDGE (-0.26) and WEBS (-0.24). A negative correlation means the two stocks have tended to move in opposite directions.

Chagee Holdings Limited American Depositary Shares (CHA) — Stock Correlations & Overview

Over the past year, CHA has moved most closely with PD, HUBS, ASAN. Explore the stocks most correlated and inversely correlated with CHA below, along with its price, financials, and company profile.

Stocks correlated with CHA

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

Most correlated with CHA

Symbol	Company	Correlation
PD	PagerDuty, Inc.SERVICES-PREPACKAGED SOFTWARE	0.39
HUBS	HUBSPOT, INC.SERVICES-PREPACKAGED SOFTWARE	0.34
ASAN	Asana, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE	0.34
QFIN	Qfin Holdings, Inc. American Depositary Shares	0.32
XSW	State Street SPDR S&P Software & Services ETF	0.32

Most inversely correlated with CHA

Symbol	Company	Correlation
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.26
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.26
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.24
ZCMD	Zhongchao Inc. Class A Ordinary Shares	-0.24
OCS	Oculis Holding AG Ordinary shares	-0.21

Frequently asked questions about CHA correlations

Which stocks are most correlated with CHA?: Based on one year of daily returns, the stocks most correlated with Chagee Holdings Limited American Depositary Shares (CHA) are PD (0.39), HUBS (0.34) and ASAN (0.34). 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 CHA?: Over the past year, the stocks most inversely correlated with Chagee Holdings Limited American Depositary Shares (CHA) are DWSH (-0.26), HDGE (-0.26) and WEBS (-0.24). 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 CHA correlations calculated?: We compute the correlation of daily returns between CHA 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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