Chicago Rivet & Machine Co. (CVR) — Stock Correlations & Overview
Over the past year, CVR has moved most closely with KOPN, BEEM, TIC. Explore the stocks most correlated and inversely correlated with CVR below, along with its price, financials, and company profile.
Stocks correlated with CVR
Correlation of daily returns. Higher positive values move with CVR; negative values move opposite it. Informational only, not investment advice.
Most correlated with CVR
| Symbol | Company | Correlation |
|---|---|---|
| KOPN | Kopin CorpSEMICONDUCTORS & RELATED DEVICES | 0.29 |
| BEEM | Beam Global Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.29 |
| TIC | TIC Solutions, IncSERVICES-BUSINESS SERVICES, NEC | 0.28 |
| SRTA | Strata Critical Medical, Inc. Class A Common StockSERVICES-HEALTH SERVICES | 0.28 |
| IGC | IGC Pharma, Inc.PHARMACEUTICAL PREPARATIONS | 0.28 |
Most inversely correlated with CVR
| Symbol | Company | Correlation |
|---|---|---|
| CHOW | ChowChow Cloud International Holdings Limited | -0.30 |
| POM | POMDOCTOR LIMITED American Depositary Shares | -0.27 |
| WOK | WORK Medical Technology Group LTD Class A Ordinary Shares | -0.23 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.22 |
| OHI | Omega Healthcare Investors Inc.REAL ESTATE INVESTMENT TRUSTS | -0.22 |
Frequently asked questions about CVR correlations
- Which stocks are most correlated with CVR?
- Based on one year of daily returns, the stocks most correlated with Chicago Rivet & Machine Co. (CVR) are KOPN (0.29), BEEM (0.29) and TIC (0.28). 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 CVR?
- Over the past year, the stocks most inversely correlated with Chicago Rivet & Machine Co. (CVR) are CHOW (-0.30), POM (-0.27) and WOK (-0.23). 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 CVR correlations calculated?
- We compute the correlation of daily returns between CVR 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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