Farmmi, Inc. Class A Ordinary Shares (FAMI) — Stock Correlations & Overview
Over the past year, FAMI has moved most closely with BJDX, EDGF, SNEX. Explore the stocks most correlated and inversely correlated with FAMI below, along with its price, financials, and company profile.
Stocks correlated with FAMI
Correlation of daily returns. Higher positive values move with FAMI; negative values move opposite it. Informational only, not investment advice.
Most correlated with FAMI
| Symbol | Company | Correlation |
|---|---|---|
| BJDX | Bluejay Diagnostics, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.42 |
| EDGF | 3EDGE Dynamic Fixed Income ETF | 0.32 |
| SNEX | StoneX Group Inc. Common StockSECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES | 0.32 |
| NORW | Global X MSCI Norway ETF | 0.31 |
| HWKN | Hawkins IncWHOLESALE-CHEMICALS & ALLIED PRODUCTS | 0.30 |
Most inversely correlated with FAMI
| Symbol | Company | Correlation |
|---|---|---|
| UPC | Universe Pharmaceuticals Inc. Class A Ordinary Shares | -0.53 |
| APRP | PGIM S&P 500 Buffer 12 ETF - April | -0.48 |
| STRC | Strategy Inc Variable Rate Series A Perpetual Stretch Preferred StockFINANCE SERVICES | -0.46 |
| PCHI | Polen High Income ETF | -0.42 |
| FEBP | PGIM S&P 500 Buffer 12 ETF - February | -0.39 |
Frequently asked questions about FAMI correlations
- Which stocks are most correlated with FAMI?
- Based on one year of daily returns, the stocks most correlated with Farmmi, Inc. Class A Ordinary Shares (FAMI) are BJDX (0.42), EDGF (0.32) and SNEX (0.32). 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 FAMI?
- Over the past year, the stocks most inversely correlated with Farmmi, Inc. Class A Ordinary Shares (FAMI) are UPC (-0.53), APRP (-0.48) and STRC (-0.46). 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 FAMI correlations calculated?
- We compute the correlation of daily returns between FAMI 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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