Fenbo Holdings Limited Class A Ordinary Shares (FEBO) — Stock Correlations & Overview
Over the past year, FEBO has moved most closely with RYET, HII, ODC. Explore the stocks most correlated and inversely correlated with FEBO below, along with its price, financials, and company profile.
Stocks correlated with FEBO
Correlation of daily returns. Higher positive values move with FEBO; negative values move opposite it. Informational only, not investment advice.
Most correlated with FEBO
| Symbol | Company | Correlation |
|---|---|---|
| RYET | Ruanyun Edai Technology Inc. Ordinary shares | 0.23 |
| HII | Huntington Ingalls Industries, Inc.SHIP & BOAT BUILDING & REPAIRING | 0.22 |
| ODC | Oil-Dri Corporation of AmericaMISCELLANEOUS MANUFACTURING INDUSTRIES | 0.22 |
| PMTpA | PennyMac Mortgage Investment Trust 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial InterestREAL ESTATE INVESTMENT TRUSTS | 0.21 |
| GRC | The Gorman-Rupp Company Common SharesPUMPS & PUMPING EQUIPMENT | 0.21 |
Most inversely correlated with FEBO
| Symbol | Company | Correlation |
|---|---|---|
| CNVS | Cineverse Corp. Class A Common StockSERVICES-VIDEO TAPE RENTAL | -0.23 |
| GLOPpC | GasLog Partners LP 8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units | -0.23 |
| LOOP | Loop Industries, Inc. Common StockCHEMICALS & ALLIED PRODUCTS | -0.22 |
| EXE | Expand Energy Corporation Common StockCRUDE PETROLEUM & NATURAL GAS | -0.20 |
| LAC | Lithium Americas Corp.METAL MINING | -0.20 |
Frequently asked questions about FEBO correlations
- Which stocks are most correlated with FEBO?
- Based on one year of daily returns, the stocks most correlated with Fenbo Holdings Limited Class A Ordinary Shares (FEBO) are RYET (0.23), HII (0.22) and ODC (0.22). 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 FEBO?
- Over the past year, the stocks most inversely correlated with Fenbo Holdings Limited Class A Ordinary Shares (FEBO) are CNVS (-0.23), GLOPpC (-0.23) and LOOP (-0.22). 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 FEBO correlations calculated?
- We compute the correlation of daily returns between FEBO 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.