Which stocks are most correlated with DAIO?

Based on one year of daily returns, the stocks most correlated with Data I/O Corp (DAIO) are CGTL (0.34), MRCY (0.33) and LTRX (0.32). 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 DAIO?

Over the past year, the stocks most inversely correlated with Data I/O Corp (DAIO) are BAMU (-0.30), SHRT (-0.27) and AIBD (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.

Data I/O Corp (DAIO) — Stock Correlations & Overview

Over the past year, DAIO has moved most closely with CGTL, MRCY, LTRX. Explore the stocks most correlated and inversely correlated with DAIO below, along with its price, financials, and company profile.

Stocks correlated with DAIO

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

Most correlated with DAIO

Symbol	Company	Correlation
CGTL	Creative Global Technology Holdings Limited Class A Ordinary Shares	0.34
MRCY	Mercury Systems Inc.ELECTRONIC COMPONENTS & ACCESSORIES	0.33
LTRX	Lantronix IncCOMPUTER COMMUNICATIONS EQUIPMENT	0.32
BRR	ProCap Financial, Inc. Common StockFINANCE SERVICES	0.32
FATN	FatPipe, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE	0.31

Most inversely correlated with DAIO

Symbol	Company	Correlation
BAMU	Brookstone Ultra-Short Bond ETF	-0.30
SHRT	Gotham Short Strategies ETF	-0.27
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	-0.26
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.26
YQQQ	YieldMax Short N100 Option Income Strategy ETF	-0.25

Frequently asked questions about DAIO correlations

Which stocks are most correlated with DAIO?: Based on one year of daily returns, the stocks most correlated with Data I/O Corp (DAIO) are CGTL (0.34), MRCY (0.33) and LTRX (0.32). 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 DAIO?: Over the past year, the stocks most inversely correlated with Data I/O Corp (DAIO) are BAMU (-0.30), SHRT (-0.27) and AIBD (-0.26). 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 DAIO correlations calculated?: We compute the correlation of daily returns between DAIO 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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