Skillful Craftsman Education Technology Limited Ordinary Share (EDTK) — Stock Correlations & Overview
Over the past year, EDTK has moved most closely with YJ, VATE, SION. Explore the stocks most correlated and inversely correlated with EDTK below, along with its price, financials, and company profile.
Stocks correlated with EDTK
Correlation of daily returns. Higher positive values move with EDTK; negative values move opposite it. Informational only, not investment advice.
Most correlated with EDTK
| Symbol | Company | Correlation |
|---|---|---|
| YJ | Yunji Inc. American Depository Shares | 0.32 |
| VATE | INNOVATE Corp.FABRICATED STRUCTURAL METAL PRODUCTS | 0.26 |
| SION | Sionna Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.24 |
| MB | MasterBeef Group Ordinary Shares | 0.23 |
| TENX | Tenax Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | 0.23 |
Most inversely correlated with EDTK
| Symbol | Company | Correlation |
|---|---|---|
| GWW | W.W. Grainger, Inc.WHOLESALE-DURABLE GOODS | -0.24 |
| VCTR | Victory Capital Holdings, Inc. Class A Common StockINVESTMENT ADVICE | -0.24 |
| JWEL | Jowell Global Ltd. Ordinary Shares | -0.24 |
| BRKC | YieldMax BRK.B Option Income Strategy ETF | -0.22 |
| BRKU | Direxion Shares ETF Trust Direxion Daily BRKB Bull 2X ETF | -0.21 |
Frequently asked questions about EDTK correlations
- Which stocks are most correlated with EDTK?
- Based on one year of daily returns, the stocks most correlated with Skillful Craftsman Education Technology Limited Ordinary Share (EDTK) are YJ (0.32), VATE (0.26) and SION (0.24). 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 EDTK?
- Over the past year, the stocks most inversely correlated with Skillful Craftsman Education Technology Limited Ordinary Share (EDTK) are GWW (-0.24), VCTR (-0.24) and JWEL (-0.24). 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 EDTK correlations calculated?
- We compute the correlation of daily returns between EDTK 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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