Decent Holding Inc Class A Ordinary Shares (DXST) — Stock Correlations & Overview
Over the past year, DXST has moved most closely with LASE, AIFF, EAF. Explore the stocks most correlated and inversely correlated with DXST below, along with its price, financials, and company profile.
Stocks correlated with DXST
Correlation of daily returns. Higher positive values move with DXST; negative values move opposite it. Informational only, not investment advice.
Most correlated with DXST
| Symbol | Company | Correlation |
|---|---|---|
| LASE | Laser Photonics Corporation Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.39 |
| AIFF | Firefly Neuroscience, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | 0.28 |
| EAF | GrafTech International Ltd.ELECTRICAL INDUSTRIAL APPARATUS | 0.27 |
| LEGN | Legend Biotech Corporation American Depositary Shares | 0.26 |
| ZSB | USCF Sustainable Battery Metals Strategy Fund | 0.26 |
Most inversely correlated with DXST
| Symbol | Company | Correlation |
|---|---|---|
| HKIT | Hitek Global Inc. Class A Ordinary Share | -0.29 |
| HRTX | Heron Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | -0.27 |
| ABVX | Abivax SA American Depositary Shares | -0.27 |
| PHXEp | Phoenix Energy One, LLC Series A Cumulative Redeemable Preferred SharesCRUDE PETROLEUM & NATURAL GAS | -0.25 |
| JZ | Jianzhi Education Technology Group Company Limited American Depositary Shares | -0.24 |
Frequently asked questions about DXST correlations
- Which stocks are most correlated with DXST?
- Based on one year of daily returns, the stocks most correlated with Decent Holding Inc Class A Ordinary Shares (DXST) are LASE (0.39), AIFF (0.28) and EAF (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 DXST?
- Over the past year, the stocks most inversely correlated with Decent Holding Inc Class A Ordinary Shares (DXST) are HKIT (-0.29), HRTX (-0.27) and ABVX (-0.27). 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 DXST correlations calculated?
- We compute the correlation of daily returns between DXST 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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