Which stocks are most correlated with EOSE?

Based on one year of daily returns, the stocks most correlated with Eos Energy Enterprises, Inc. Class A Common Stock (EOSE) are ACES (0.64), CNRG (0.63) and UPGR (0.62). 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 EOSE?

Over the past year, the stocks most inversely correlated with Eos Energy Enterprises, Inc. Class A Common Stock (EOSE) are BERZ (-0.50), BTAL (-0.50) and HIBS (-0.49). A negative correlation means the two stocks have tended to move in opposite directions.

Eos Energy Enterprises, Inc. Class A Common Stock (EOSE) — Stock Correlations & Overview

Over the past year, EOSE has moved most closely with ACES, CNRG, UPGR. Explore the stocks most correlated and inversely correlated with EOSE below, along with its price, financials, and company profile.

Stocks correlated with EOSE

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

Most correlated with EOSE

Symbol	Company	Correlation
ACES	ALPS Clean Energy ETF	0.64
CNRG	State Street SPDR S&P Kensho Clean Power ETF	0.63
UPGR	Xtrackers US Green Infrastructure Select Equity ETF	0.62
CTEC	Global X Funds Global X ClimateTech ETF	0.62
PBW	Invesco WilderHill Clean Energy ETF	0.61

Most inversely correlated with EOSE

Symbol	Company	Correlation
BERZ	MicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.50
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	-0.50
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.49
TWM	ProShares UltraShort Russell2000	-0.49
SRTY	ProShares UltraPro Short Russell2000	-0.49

Frequently asked questions about EOSE correlations

Which stocks are most correlated with EOSE?: Based on one year of daily returns, the stocks most correlated with Eos Energy Enterprises, Inc. Class A Common Stock (EOSE) are ACES (0.64), CNRG (0.63) and UPGR (0.62). 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 EOSE?: Over the past year, the stocks most inversely correlated with Eos Energy Enterprises, Inc. Class A Common Stock (EOSE) are BERZ (-0.50), BTAL (-0.50) and HIBS (-0.49). 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 EOSE correlations calculated?: We compute the correlation of daily returns between EOSE 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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