Faraday Future Intelligent Electric Inc. Common Stock (FFAI) — Stock Correlations & Overview
Over the past year, FFAI has moved most closely with IFED, AMPX.WS, BDGS. Explore the stocks most correlated and inversely correlated with FFAI below, along with its price, financials, and company profile.
Stocks correlated with FFAI
Correlation of daily returns. Higher positive values move with FFAI; negative values move opposite it. Informational only, not investment advice.
Most correlated with FFAI
| Symbol | Company | Correlation |
|---|---|---|
| IFED | ETRACS IFED Invest with the Fed TR Index ETN | 0.36 |
| AMPX.WS | Amprius Technologies, Inc. Warrants to purchase one share of Common Stock at an exercise price of $11.50 per shareMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.32 |
| BDGS | Bridges Capital Tactical ETF | 0.29 |
| JXX | Janus Henderson Transformational Growth ETF | 0.28 |
| AMPX | Amprius Technologies, Inc.MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.28 |
Most inversely correlated with FFAI
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.28 |
| SAFT | Safety Insurance Group IncFIRE, MARINE & CASUALTY INSURANCE | -0.27 |
| BERZ | MicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.26 |
| NWN | Northwest Natural Holding CompanyNATURAL GAS DISTRIBUTION | -0.24 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | -0.24 |
Frequently asked questions about FFAI correlations
- Which stocks are most correlated with FFAI?
- Based on one year of daily returns, the stocks most correlated with Faraday Future Intelligent Electric Inc. Common Stock (FFAI) are IFED (0.36), AMPX.WS (0.32) and BDGS (0.29). 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 FFAI?
- Over the past year, the stocks most inversely correlated with Faraday Future Intelligent Electric Inc. Common Stock (FFAI) are SARK (-0.28), SAFT (-0.27) and BERZ (-0.26). 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 FFAI correlations calculated?
- We compute the correlation of daily returns between FFAI 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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