ZW Data Action Technologies Inc. Common Stock (CNET) — Stock Correlations & Overview
Over the past year, CNET has moved most closely with LANV, TRIB, OND. Explore the stocks most correlated and inversely correlated with CNET below, along with its price, financials, and company profile.
Stocks correlated with CNET
Correlation of daily returns. Higher positive values move with CNET; negative values move opposite it. Informational only, not investment advice.
Most correlated with CNET
| Symbol | Company | Correlation |
|---|---|---|
| LANV | Lanvin Group Holdings Limited | 0.29 |
| TRIB | Trinity Biotech plc | 0.27 |
| OND | ProShares On-Demand ETF | 0.25 |
| NTES | NetEase, inc. | 0.25 |
| DSY | Big Tree Cloud Holdings Limited Class A Ordinary Shares | 0.25 |
Most inversely correlated with CNET
| Symbol | Company | Correlation |
|---|---|---|
| BDX | Becton, Dickinson and Co.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.32 |
| VAL.WS | Valaris Limited Warrants to purchase Common SharesDRILLING OIL & GAS WELLS | -0.24 |
| SQFTW | Presidio Property Trust, Inc. Series A Common Stock Purchase WarrantsREAL ESTATE INVESTMENT TRUSTS | -0.21 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.20 |
| VAL | Valaris LimitedDRILLING OIL & GAS WELLS | -0.19 |
Frequently asked questions about CNET correlations
- Which stocks are most correlated with CNET?
- Based on one year of daily returns, the stocks most correlated with ZW Data Action Technologies Inc. Common Stock (CNET) are LANV (0.29), TRIB (0.27) and OND (0.25). 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 CNET?
- Over the past year, the stocks most inversely correlated with ZW Data Action Technologies Inc. Common Stock (CNET) are BDX (-0.32), VAL.WS (-0.24) and SQFTW (-0.21). 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 CNET correlations calculated?
- We compute the correlation of daily returns between CNET 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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