FatPipe, Inc. Common Stock (FATN) — Stock Correlations & Overview
Over the past year, FATN has moved most closely with AGMH, CRNC, UMAC. Explore the stocks most correlated and inversely correlated with FATN below, along with its price, financials, and company profile.
Stocks correlated with FATN
Correlation of daily returns. Higher positive values move with FATN; negative values move opposite it. Informational only, not investment advice.
Most correlated with FATN
| Symbol | Company | Correlation |
|---|---|---|
| AGMH | AGM Group Holdings Inc. Class A Ordinary Shares | 0.36 |
| CRNC | Cerence Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | 0.33 |
| UMAC | Unusual Machines, Inc.RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT | 0.31 |
| SNOY | YieldMax SNOW Option Income Strategy ETF | 0.31 |
| DAIO | Data I/O CorpINSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS | 0.31 |
Most inversely correlated with FATN
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.26 |
| TAIL | Cambria Tail Risk ETF | -0.25 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.23 |
| QCMD | Direxion Daily QCOM Bear 1X ETF | -0.22 |
| GTY | Getty Realty Corp.REAL ESTATE | -0.22 |
Frequently asked questions about FATN correlations
- Which stocks are most correlated with FATN?
- Based on one year of daily returns, the stocks most correlated with FatPipe, Inc. Common Stock (FATN) are AGMH (0.36), CRNC (0.33) and UMAC (0.31). 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 FATN?
- Over the past year, the stocks most inversely correlated with FatPipe, Inc. Common Stock (FATN) are SARK (-0.26), TAIL (-0.25) and CARD (-0.23). 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 FATN correlations calculated?
- We compute the correlation of daily returns between FATN 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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