Fly-E Group, Inc. Common Stock (FLYE) — Stock Correlations & Overview
Over the past year, FLYE has moved most closely with CNCK, CTOR, NWL. Explore the stocks most correlated and inversely correlated with FLYE below, along with its price, financials, and company profile.
Stocks correlated with FLYE
Correlation of daily returns. Higher positive values move with FLYE; negative values move opposite it. Informational only, not investment advice.
Most correlated with FLYE
| Symbol | Company | Correlation |
|---|---|---|
| CNCK | Coincheck Group N.V. Ordinary Shares | 0.43 |
| CTOR | Citius Oncology, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.27 |
| NWL | Newell Brands Inc.PLASTICS PRODUCTS, NEC | 0.27 |
| TGE | The Generation Essentials Group | 0.27 |
| QTTB | Q32 Bio Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.26 |
Most inversely correlated with FLYE
| Symbol | Company | Correlation |
|---|---|---|
| PAVS | Paranovus Entertainment Technology Ltd. Class A Ordinary Shares | -0.44 |
| NLYpJ | Annaly Capital Management, Inc. 8.875% Series J Fixed-Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.37 |
| CLIP | Global X 1-3 Month T-Bill ETF | -0.36 |
| XONE | BondBloxx Bloomberg One Year Target Duration US Treasury ETFPRINTING TRADES MACHINERY & EQUIPMENT | -0.35 |
| TFLO | iShares Treasury Floating Rate Bond ETF | -0.33 |
Frequently asked questions about FLYE correlations
- Which stocks are most correlated with FLYE?
- Based on one year of daily returns, the stocks most correlated with Fly-E Group, Inc. Common Stock (FLYE) are CNCK (0.43), CTOR (0.27) and NWL (0.27). 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 FLYE?
- Over the past year, the stocks most inversely correlated with Fly-E Group, Inc. Common Stock (FLYE) are PAVS (-0.44), NLYpJ (-0.37) and CLIP (-0.36). 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 FLYE correlations calculated?
- We compute the correlation of daily returns between FLYE 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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