Which stocks are most correlated with FTFT?

Based on one year of daily returns, the stocks most correlated with Future FinTech Group Inc. (FTFT) are HYPD (0.39), SQNS (0.34) and BFLB (0.33). 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 FTFT?

Over the past year, the stocks most inversely correlated with Future FinTech Group Inc. (FTFT) are SPXS (-0.28), SH (-0.28) and SPDN (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

Future FinTech Group Inc. (FTFT) — Stock Correlations & Overview

Over the past year, FTFT has moved most closely with HYPD, SQNS, BFLB. Explore the stocks most correlated and inversely correlated with FTFT below, along with its price, financials, and company profile.

Stocks correlated with FTFT

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

Most correlated with FTFT

Symbol	Company	Correlation
HYPD	Hyperion DeFi, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.39
SQNS	Sequans Communications S.A. American Depositary Shares (each representing one hundred (100) Ordinary Shares)	0.34
BFLB	BufferLABS US Equity Dynamic Buffer ETF	0.33
PMOC	PGIM S&P 500 Max Buffer ETF - October	0.33
TOCT	Innovator Equity Defined Protection ETF - 2 Yr to October 2027	0.32

Most inversely correlated with FTFT

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.28
SH	ProShares Short S&P500	-0.28
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.28
SDS	ProShares UltraShort S&P500	-0.28
SPXU	ProShares UltraPro Short S&P 500	-0.28

Frequently asked questions about FTFT correlations

Which stocks are most correlated with FTFT?: Based on one year of daily returns, the stocks most correlated with Future FinTech Group Inc. (FTFT) are HYPD (0.39), SQNS (0.34) and BFLB (0.33). 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 FTFT?: Over the past year, the stocks most inversely correlated with Future FinTech Group Inc. (FTFT) are SPXS (-0.28), SH (-0.28) and SPDN (-0.28). 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 FTFT correlations calculated?: We compute the correlation of daily returns between FTFT 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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