Cre8 Enterprise Limited Class A Ordinary Shares (CRE) — Stock Correlations & Overview
Over the past year, CRE has moved most closely with XPON, SOAR, BZ. Explore the stocks most correlated and inversely correlated with CRE below, along with its price, financials, and company profile.
Stocks correlated with CRE
Correlation of daily returns. Higher positive values move with CRE; negative values move opposite it. Informational only, not investment advice.
Most correlated with CRE
| Symbol | Company | Correlation |
|---|---|---|
| XPON | Expion Energy, Inc. Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.39 |
| SOAR | Volato Group, Inc.AIR TRANSPORTATION, NONSCHEDULED | 0.33 |
| BZ | KANZHUN LIMITED American Depository Shares | 0.31 |
| BEEM | Beam Global Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.28 |
| WVVIP | Willamette Valley Vineyards, Inc. Series A Redeemable Preferred StockBEVERAGES | 0.27 |
Most inversely correlated with CRE
| Symbol | Company | Correlation |
|---|---|---|
| MSD | Morgan Stanley Emerging Markets Debt Fund, Inc. | -0.23 |
| UFPI | UFP Industries, Inc. Common StockSAWMILLS & PLANTING MILLS, GENERAL | -0.23 |
| CLDI | Calidi Biotherapeutics, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.22 |
| VEL | Velocity Financial, Inc.FINANCE SERVICES | -0.21 |
| MBUU | Malibu Boats, Inc. Class ASHIP & BOAT BUILDING & REPAIRING | -0.20 |
Frequently asked questions about CRE correlations
- Which stocks are most correlated with CRE?
- Based on one year of daily returns, the stocks most correlated with Cre8 Enterprise Limited Class A Ordinary Shares (CRE) are XPON (0.39), SOAR (0.33) and BZ (0.31). 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 CRE?
- Over the past year, the stocks most inversely correlated with Cre8 Enterprise Limited Class A Ordinary Shares (CRE) are MSD (-0.23), UFPI (-0.23) and CLDI (-0.22). 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 CRE correlations calculated?
- We compute the correlation of daily returns between CRE 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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