Core Scientific, Inc. Common Stock (CORZ) — Stock Correlations & Overview
Over the past year, CORZ has moved most closely with CORZW, CORZZ, WGMI. Explore the stocks most correlated and inversely correlated with CORZ below, along with its price, financials, and company profile.
Stocks correlated with CORZ
Correlation of daily returns. Higher positive values move with CORZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with CORZ
| Symbol | Company | Correlation |
|---|---|---|
| CORZW | Core Scientific, Inc. Tranche 1 WarrantsFINANCE SERVICES | 0.99 |
| CORZZ | Core Scientific, Inc. Tranche 2 WarrantsFINANCE SERVICES | 0.95 |
| WGMI | CoinShares ETF Trust CoinShares Bitcoin Mining and Digital Power ETF | 0.84 |
| MNRS | Grayscale Bitcoin Miners ETF | 0.82 |
| DECO | SSGA Active Trust State Street Galaxy Digital Asset Ecosystem ETF | 0.82 |
Frequently asked questions about CORZ correlations
- Which stocks are most correlated with CORZ?
- Based on one year of daily returns, the stocks most correlated with Core Scientific, Inc. Common Stock (CORZ) are CORZW (0.99), CORZZ (0.95) and WGMI (0.84). 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 CORZ?
- Over the past year, the stocks most inversely correlated with Core Scientific, Inc. Common Stock (CORZ) are CORD (-0.70), TSXD (-0.64) and SSG (-0.62). 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 CORZ correlations calculated?
- We compute the correlation of daily returns between CORZ 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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