Gogoro Inc. Ordinary Shares (GGR) — Stock Correlations & Overview

Over the past year, GGR has moved most closely with RITR, XPON, LUNG. Explore the stocks most correlated and inversely correlated with GGR below, along with its price, financials, and company profile.

Stocks correlated with GGR

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

Most correlated with GGR

SymbolCompanyCorrelation
RITRReitar Logtech Holdings Limited Ordinary shares0.32
XPONExpion Energy, Inc. Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES0.28
LUNGPulmonx Corporation Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS0.28
PRSOPeraso, Inc. Common StockSEMICONDUCTORS & RELATED DEVICES0.28
DEFTDefi Technologies, Inc.0.27

Most inversely correlated with GGR

SymbolCompanyCorrelation
CRCDT-REX 2X Inverse CRCL Daily Target ETF-0.21
BITIProShares Short Bitcoin ETF-0.21
SETHProShares Short Ether ETF-0.20
EDTKSkillful Craftsman Education Technology Limited Ordinary Share-0.19
ETHDProShares UltraShort Ether ETF-0.19

Frequently asked questions about GGR correlations

Which stocks are most correlated with GGR?
Based on one year of daily returns, the stocks most correlated with Gogoro Inc. Ordinary Shares (GGR) are RITR (0.32), XPON (0.28) and LUNG (0.28). 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 GGR?
Over the past year, the stocks most inversely correlated with Gogoro Inc. Ordinary Shares (GGR) are CRCD (-0.21), BITI (-0.21) and SETH (-0.20). 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 GGR correlations calculated?
We compute the correlation of daily returns between GGR 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.
Trading View Logo

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.