Coincheck Group N.V. Ordinary Shares (CNCK) — Stock Correlations & Overview
Over the past year, CNCK has moved most closely with FLYE, QTTB, NFGC. Explore the stocks most correlated and inversely correlated with CNCK below, along with its price, financials, and company profile.
Stocks correlated with CNCK
Correlation of daily returns. Higher positive values move with CNCK; negative values move opposite it. Informational only, not investment advice.
Most correlated with CNCK
| Symbol | Company | Correlation |
|---|---|---|
| FLYE | Fly-E Group, Inc. Common StockMOTOR VEHICLES & PASSENGER CAR BODIES | 0.43 |
| QTTB | Q32 Bio Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.29 |
| NFGC | New Found Gold Corp | 0.24 |
| MENS | Jyong Biotech Ltd. Ordinary Shares | 0.24 |
| MAIA | MAIA Biotechnology, Inc.PHARMACEUTICAL PREPARATIONS | 0.23 |
Most inversely correlated with CNCK
| Symbol | Company | Correlation |
|---|---|---|
| PAVS | Paranovus Entertainment Technology Ltd. Class A Ordinary Shares | -0.44 |
| CSHP | iShares Dynamic Short-Term Active ETF | -0.27 |
| BRR | ProCap Financial, Inc. Common StockFINANCE SERVICES | -0.26 |
| NLYpJ | Annaly Capital Management, Inc. 8.875% Series J Fixed-Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.25 |
| CLOA | BlackRock ETF Trust II iShares AAA CLO Active ETF | -0.23 |
Frequently asked questions about CNCK correlations
- Which stocks are most correlated with CNCK?
- Based on one year of daily returns, the stocks most correlated with Coincheck Group N.V. Ordinary Shares (CNCK) are FLYE (0.43), QTTB (0.29) and NFGC (0.24). 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 CNCK?
- Over the past year, the stocks most inversely correlated with Coincheck Group N.V. Ordinary Shares (CNCK) are PAVS (-0.44), CSHP (-0.27) and BRR (-0.26). 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 CNCK correlations calculated?
- We compute the correlation of daily returns between CNCK 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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