Which stocks are most correlated with GFAI?

Based on one year of daily returns, the stocks most correlated with Guardforce AI Co., Limited Ordinary Shares (GFAI) are RVER (0.43), GINN (0.43) and YMAX (0.42). 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 GFAI?

Over the past year, the stocks most inversely correlated with Guardforce AI Co., Limited Ordinary Shares (GFAI) are SARK (-0.39), TWM (-0.37) and SRTY (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Guardforce AI Co., Limited Ordinary Shares (GFAI) — Stock Correlations & Overview

Over the past year, GFAI has moved most closely with RVER, GINN, YMAX. Explore the stocks most correlated and inversely correlated with GFAI below, along with its price, financials, and company profile.

Stocks correlated with GFAI

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

Most correlated with GFAI

Symbol	Company	Correlation
RVER	Trenchless Fund ETF	0.43
GINN	Goldman Sachs Innovate Equity ETF	0.43
YMAX	YieldMax Universe Fund of Option Income ETFs	0.42
ACVT	Advent Convertible Bond ETF	0.42
ROBT	First Trust Nasdaq Artificial Intelligence and Robotics ETF	0.42

Most inversely correlated with GFAI

Symbol	Company	Correlation
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.39
TWM	ProShares UltraShort Russell2000	-0.37
SRTY	ProShares UltraPro Short Russell2000	-0.37
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.37
RWM	ProShares Short Russell2000	-0.37

Frequently asked questions about GFAI correlations

Which stocks are most correlated with GFAI?: Based on one year of daily returns, the stocks most correlated with Guardforce AI Co., Limited Ordinary Shares (GFAI) are RVER (0.43), GINN (0.43) and YMAX (0.42). 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 GFAI?: Over the past year, the stocks most inversely correlated with Guardforce AI Co., Limited Ordinary Shares (GFAI) are SARK (-0.39), TWM (-0.37) and SRTY (-0.37). 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 GFAI correlations calculated?: We compute the correlation of daily returns between GFAI 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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