Freightos Limited Ordinary shares (CRGO) — Stock Correlations & Overview

Over the past year, CRGO has moved most closely with GOSS, SCL, FMCX. Explore the stocks most correlated and inversely correlated with CRGO below, along with its price, financials, and company profile.

Stocks correlated with CRGO

Correlation of daily returns. Higher positive values move with CRGO; negative values move opposite it. Informational only, not investment advice.

Most correlated with CRGO

SymbolCompanyCorrelation
GOSSGossamer Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS0.37
SCLStepan Co.SOAP, DETERGENTS, CLEANG PREPARATIONS, PERFUMES, COSMETICS0.33
FMCXFM Focus Equity ETF0.33
IWPiShares Russell Mid-Cap Growth ETF0.33
XITKState Street SPDR FactSet Innovative Technology ETF0.33

Most inversely correlated with CRGO

SymbolCompanyCorrelation
BERZMicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC-0.30
SDDProShares UltraShort SmallCap600-0.30
SMDDProShares UltraPro Short MidCap400-0.29
YQQQYieldMax Short N100 Option Income Strategy ETF-0.29
MZZProShares UltraShort MidCap400-0.28

Frequently asked questions about CRGO correlations

Which stocks are most correlated with CRGO?
Based on one year of daily returns, the stocks most correlated with Freightos Limited Ordinary shares (CRGO) are GOSS (0.37), SCL (0.33) and FMCX (0.33). 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 CRGO?
Over the past year, the stocks most inversely correlated with Freightos Limited Ordinary shares (CRGO) are BERZ (-0.30), SDD (-0.30) and SMDD (-0.29). 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 CRGO correlations calculated?
We compute the correlation of daily returns between CRGO 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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