Dragonfly Energy Holdings Corp. Warrant (DFLIW) — Stock Correlations & Overview
Over the past year, DFLIW has moved most closely with DFLI, RFAIR, VERI. Explore the stocks most correlated and inversely correlated with DFLIW below, along with its price, financials, and company profile.
Stocks correlated with DFLIW
Correlation of daily returns. Higher positive values move with DFLIW; negative values move opposite it. Informational only, not investment advice.
Most correlated with DFLIW
| Symbol | Company | Correlation |
|---|---|---|
| DFLI | Dragonfly Energy Holdings Corp. Common Stock (NV)MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.57 |
| RFAIR | RF Acquisition Corp II RightBLANK CHECKS | 0.35 |
| VERI | Veritone, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.27 |
| IBLC | iShares Blockchain and Tech ETF | 0.27 |
| SAMT | Strategas Macro Thematic Opportunities ETF | 0.27 |
Frequently asked questions about DFLIW correlations
- Which stocks are most correlated with DFLIW?
- Based on one year of daily returns, the stocks most correlated with Dragonfly Energy Holdings Corp. Warrant (DFLIW) are DFLI (0.57), RFAIR (0.35) and VERI (0.27). 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 DFLIW?
- Over the past year, the stocks most inversely correlated with Dragonfly Energy Holdings Corp. Warrant (DFLIW) are UFG (-0.26), MSGY (-0.25) and OMSE (-0.25). 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 DFLIW correlations calculated?
- We compute the correlation of daily returns between DFLIW 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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