Clover Health Investments, Corp (CLOV) — Stock Correlations & Overview
Over the past year, CLOV has moved most closely with XHS, UPSX, UPST. Explore the stocks most correlated and inversely correlated with CLOV below, along with its price, financials, and company profile.
Stocks correlated with CLOV
Correlation of daily returns. Higher positive values move with CLOV; negative values move opposite it. Informational only, not investment advice.
Most correlated with CLOV
| Symbol | Company | Correlation |
|---|---|---|
| XHS | State Street SPDR S&P Health Care Services ETF | 0.39 |
| UPSX | Tradr 2X Long UPST Daily ETF | 0.38 |
| UPST | Upstart Holdings, Inc. Common stockFINANCE SERVICES | 0.38 |
| HEAL | Global X Funds Global X HealthTech ETF | 0.38 |
| ARKT | ARK DIET Q4 Buffer ETF | 0.37 |
Most inversely correlated with CLOV
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.34 |
| TWM | ProShares UltraShort Russell2000 | -0.33 |
| RWM | ProShares Short Russell2000 | -0.33 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.33 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.33 |
Frequently asked questions about CLOV correlations
- Which stocks are most correlated with CLOV?
- Based on one year of daily returns, the stocks most correlated with Clover Health Investments, Corp (CLOV) are XHS (0.39), UPSX (0.38) and UPST (0.38). 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 CLOV?
- Over the past year, the stocks most inversely correlated with Clover Health Investments, Corp (CLOV) are SARK (-0.34), TWM (-0.33) and RWM (-0.33). 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 CLOV correlations calculated?
- We compute the correlation of daily returns between CLOV 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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