Which stocks are most correlated with DUO?

Based on one year of daily returns, the stocks most correlated with Fangdd Network Group Ltd. Class A Ordinary Shares (DUO) are HOUR (0.45), CMCM (0.35) and LDI (0.34). 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 DUO?

Over the past year, the stocks most inversely correlated with Fangdd Network Group Ltd. Class A Ordinary Shares (DUO) are SLTY (-0.25), YANG (-0.24) and FNGD (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

Fangdd Network Group Ltd. Class A Ordinary Shares (DUO) — Stock Correlations & Overview

Over the past year, DUO has moved most closely with HOUR, CMCM, LDI. Explore the stocks most correlated and inversely correlated with DUO below, along with its price, financials, and company profile.

Stocks correlated with DUO

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

Most correlated with DUO

Symbol	Company	Correlation
HOUR	Hour Loop, Inc. Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES	0.45
CMCM	Cheetah Mobile Inc. American Depositary Shares, each representing fifty (50) Class A Ordinary Shares	0.35
LDI	loanDepot, Inc.FINANCE SERVICES	0.34
CHAI	Core AI Holdings, Inc. Common Shares	0.33
FNGR	FingerMotion, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE	0.33

Most inversely correlated with DUO

Symbol	Company	Correlation
SLTY	YieldMax Ultra Short Option Income Strategy ETF	-0.25
YANG	Direxion Daily FTSE China Bear 3X ETF	-0.24
FNGD	MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038COMMERCIAL BANKS, NEC	-0.23
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.23
YXI	ProShares Short FTSE China 50 of PROSHARES TRUST	-0.23

Frequently asked questions about DUO correlations

Which stocks are most correlated with DUO?: Based on one year of daily returns, the stocks most correlated with Fangdd Network Group Ltd. Class A Ordinary Shares (DUO) are HOUR (0.45), CMCM (0.35) and LDI (0.34). 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 DUO?: Over the past year, the stocks most inversely correlated with Fangdd Network Group Ltd. Class A Ordinary Shares (DUO) are SLTY (-0.25), YANG (-0.24) and FNGD (-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 DUO correlations calculated?: We compute the correlation of daily returns between DUO 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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