EUDA Health Holdings Limited Ordinary Shares (EUDA) — Stock Correlations & Overview
Over the past year, EUDA has moved most closely with KCAI, MOTG, KPDD. Explore the stocks most correlated and inversely correlated with EUDA below, along with its price, financials, and company profile.
Stocks correlated with EUDA
Correlation of daily returns. Higher positive values move with EUDA; negative values move opposite it. Informational only, not investment advice.
Most correlated with EUDA
| Symbol | Company | Correlation |
|---|---|---|
| KCAI | KraneShares China Alpha Index ETF | 0.39 |
| MOTG | VanEck Morningstar Global Wide Moat ETF | 0.33 |
| KPDD | KraneShares 2x Long PDD Daily ETF | 0.30 |
| USG | USCF GOLD STRATEGY PLUS INCOME FUND | 0.30 |
| EVMT | Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF | 0.29 |
Most inversely correlated with EUDA
| Symbol | Company | Correlation |
|---|---|---|
| HXHX | Haoxin Holdings Limited Class A Ordinary Shares | -0.33 |
| EHI | Western Asset Global High Income Fund, Inc | -0.26 |
| XENE | Xenon Pharmaceuticals IncPHARMACEUTICAL PREPARATIONS | -0.24 |
| GRCE | Grace Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.24 |
| CAR | Avis Budget Group, Inc.SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) | -0.23 |
Frequently asked questions about EUDA correlations
- Which stocks are most correlated with EUDA?
- Based on one year of daily returns, the stocks most correlated with EUDA Health Holdings Limited Ordinary Shares (EUDA) are KCAI (0.39), MOTG (0.33) and KPDD (0.30). 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 EUDA?
- Over the past year, the stocks most inversely correlated with EUDA Health Holdings Limited Ordinary Shares (EUDA) are HXHX (-0.33), EHI (-0.26) and XENE (-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 EUDA correlations calculated?
- We compute the correlation of daily returns between EUDA 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.