Which stocks are most correlated with FMFC?

Based on one year of daily returns, the stocks most correlated with Kandal M Venture Limited Class A Ordinary Shares (FMFC) are TCX (0.32), FCUV (0.30) and DLB (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 FMFC?

Over the past year, the stocks most inversely correlated with Kandal M Venture Limited Class A Ordinary Shares (FMFC) are KPTI (-0.39), BIOA (-0.35) and MYGN (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

Kandal M Venture Limited Class A Ordinary Shares (FMFC) — Stock Correlations & Overview

Over the past year, FMFC has moved most closely with TCX, FCUV, DLB. Explore the stocks most correlated and inversely correlated with FMFC below, along with its price, financials, and company profile.

Stocks correlated with FMFC

Correlation of daily returns. Higher positive values move with FMFC; negative values move opposite it. Informational only, not investment advice.

Most correlated with FMFC

Symbol	Company	Correlation
TCX	Tucows, IncSERVICES-COMPUTER PROCESSING & DATA PREPARATION	0.32
FCUV	Focus Universal Inc. Common StockINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL	0.30
DLB	Dolby Laboratories, Inc.Class APATENT OWNERS & LESSORS	0.27
MSA	Mine Safety IncorporatedORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES	0.26
ITGR	Integer Holdings CorporationELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS	0.26

Most inversely correlated with FMFC

Symbol	Company	Correlation
KPTI	Karyopharm Therapeutics Inc.PHARMACEUTICAL PREPARATIONS	-0.39
BIOA	BioAge Labs, Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.35
MYGN	Myriad Genetics IncIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES	-0.34
TU	Telus Corporation	-0.28
MBRX	Moleculin Biotech, Inc.PHARMACEUTICAL PREPARATIONS	-0.27

Frequently asked questions about FMFC correlations

Which stocks are most correlated with FMFC?: Based on one year of daily returns, the stocks most correlated with Kandal M Venture Limited Class A Ordinary Shares (FMFC) are TCX (0.32), FCUV (0.30) and DLB (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 FMFC?: Over the past year, the stocks most inversely correlated with Kandal M Venture Limited Class A Ordinary Shares (FMFC) are KPTI (-0.39), BIOA (-0.35) and MYGN (-0.34). 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 FMFC correlations calculated?: We compute the correlation of daily returns between FMFC 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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