FGI Industries Ltd. Ordinary Shares (FGI) — Stock Correlations & Overview
Over the past year, FGI has moved most closely with XHG, CCG, AACG. Explore the stocks most correlated and inversely correlated with FGI below, along with its price, financials, and company profile.
Stocks correlated with FGI
Correlation of daily returns. Higher positive values move with FGI; negative values move opposite it. Informational only, not investment advice.
Most correlated with FGI
| Symbol | Company | Correlation |
|---|---|---|
| XHG | XChange TEC.INC American Depositary Shares | 0.41 |
| CCG | Cheche Group Inc. Class A Ordinary Shares | 0.36 |
| AACG | ATA Creativity Global American Depositary Shares | 0.34 |
| CURI | CuriosityStream Inc. Class A Common StockSERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION | 0.30 |
| AHTpG | Ashford Hospitality Trust, Inc 7.375% Series G Cumulative Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.30 |
Most inversely correlated with FGI
| Symbol | Company | Correlation |
|---|---|---|
| CLBT | Cellebrite DI Ltd. Class A Ordinary Shares | -0.25 |
| IHT | InnSuites Hospitality TrustREAL ESTATE INVESTMENT TRUSTS | -0.20 |
| CRSH | YieldMax Short TSLA Option Income Strategy ETF | -0.19 |
| RBIL | F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF | -0.17 |
| MCRI | Monarch Casino & Resort IncHOTELS & MOTELS | -0.17 |
Frequently asked questions about FGI correlations
- Which stocks are most correlated with FGI?
- Based on one year of daily returns, the stocks most correlated with FGI Industries Ltd. Ordinary Shares (FGI) are XHG (0.41), CCG (0.36) and AACG (0.34). 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 FGI?
- Over the past year, the stocks most inversely correlated with FGI Industries Ltd. Ordinary Shares (FGI) are CLBT (-0.25), IHT (-0.20) and CRSH (-0.19). 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 FGI correlations calculated?
- We compute the correlation of daily returns between FGI 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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