Mohr Company Nav ETF (CNAV) — Stock Correlations & Overview
Over the past year, CNAV has moved most closely with RULE, MTUM, AMOM. Explore the stocks most correlated and inversely correlated with CNAV below, along with its price, financials, and company profile.
Stocks correlated with CNAV
Correlation of daily returns. Higher positive values move with CNAV; negative values move opposite it. Informational only, not investment advice.
Most correlated with CNAV
| Symbol | Company | Correlation |
|---|---|---|
| RULE | Adaptive Core ETF | 0.95 |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.94 |
| AMOM | Qraft AI-Enhanced US Large Cap Momentum ETF | 0.93 |
| RPG | Invesco S&P 500 Pure Growth ETF | 0.93 |
| SPMO | Invesco S&P 500 Momentum ETFINVESTMENT ADVICE | 0.92 |
Most inversely correlated with CNAV
| Symbol | Company | Correlation |
|---|---|---|
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | -0.91 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.86 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.84 |
| REW | Proshares UltraShort Technology | -0.84 |
| TECS | Direxion Daily Technology Bear 3x ETF | -0.84 |
Frequently asked questions about CNAV correlations
- Which stocks are most correlated with CNAV?
- Based on one year of daily returns, the stocks most correlated with Mohr Company Nav ETF (CNAV) are RULE (0.95), MTUM (0.94) and AMOM (0.93). 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 CNAV?
- Over the past year, the stocks most inversely correlated with Mohr Company Nav ETF (CNAV) are SOXS (-0.91), HIBS (-0.86) and TSXD (-0.84). 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 CNAV correlations calculated?
- We compute the correlation of daily returns between CNAV 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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