Ebang International Holdings Inc. Class A Ordinary Shares (EBON) — Stock Correlations & Overview

Over the past year, EBON has moved most closely with DECP, FEBP, OCTP. Explore the stocks most correlated and inversely correlated with EBON below, along with its price, financials, and company profile.

Stocks correlated with EBON

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

Most correlated with EBON

SymbolCompanyCorrelation
DECPPGIM S&P 500 Buffer 12 ETF - December0.35
FEBPPGIM S&P 500 Buffer 12 ETF - February0.35
OCTPPGIM S&P 500 Buffer 12 ETF - October0.35
SMUPT-REX 2X Long SMR Daily Target ETF0.35
SMUTradr 2X Long SMR Daily ETF0.34

Most inversely correlated with EBON

SymbolCompanyCorrelation
GQGUGQG US Equity ETF-0.29
IONZDefiance Daily Target 2x Short IONQ ETF-0.29
TAILCambria Tail Risk ETF-0.28
BTALAGF U.S. Market Neutral Anti-Beta Fund-0.27
SMSTTidal Trust II Defiance Daily Target 2x Short MSTR ETF-0.27

Frequently asked questions about EBON correlations

Which stocks are most correlated with EBON?
Based on one year of daily returns, the stocks most correlated with Ebang International Holdings Inc. Class A Ordinary Shares (EBON) are DECP (0.35), FEBP (0.35) and OCTP (0.35). 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 EBON?
Over the past year, the stocks most inversely correlated with Ebang International Holdings Inc. Class A Ordinary Shares (EBON) are GQGU (-0.29), IONZ (-0.29) and TAIL (-0.28). 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 EBON correlations calculated?
We compute the correlation of daily returns between EBON 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.
Trading View Logo

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.