Giftify, Inc. Common Stock (GIFT) — Stock Correlations & Overview
Over the past year, GIFT has moved most closely with GMED, SNAL, SRTS. Explore the stocks most correlated and inversely correlated with GIFT below, along with its price, financials, and company profile.
Stocks correlated with GIFT
Correlation of daily returns. Higher positive values move with GIFT; negative values move opposite it. Informational only, not investment advice.
Most correlated with GIFT
| Symbol | Company | Correlation |
|---|---|---|
| GMED | GLOBUS MEDICAL INCSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.28 |
| SNAL | Snail, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.27 |
| SRTS | Sensus Healthcare, IncSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.25 |
| PZZA | Papa John's International IncRETAIL-EATING PLACES | 0.25 |
| RDYY | YieldMax RDDT Option Income Strategy ETF | 0.24 |
Most inversely correlated with GIFT
| Symbol | Company | Correlation |
|---|---|---|
| SAJ | Saratoga Investment Corp. 8.00% Notes due 2027 | -0.27 |
| BIPH | Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 | -0.27 |
| HPPpC | Hudson Pacific Properties, Inc. 4.750% Series C Cumulative Redeemable Preferred StockREAL ESTATE | -0.24 |
| MHNC | MAIDEN HOLDINGS NORTH AMERICA, LTDFIRE, MARINE & CASUALTY INSURANCE | -0.23 |
| AMS | American Shared Hospital ServicesSERVICES-MEDICAL LABORATORIES | -0.21 |
Frequently asked questions about GIFT correlations
- Which stocks are most correlated with GIFT?
- Based on one year of daily returns, the stocks most correlated with Giftify, Inc. Common Stock (GIFT) are GMED (0.28), SNAL (0.27) and SRTS (0.25). 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 GIFT?
- Over the past year, the stocks most inversely correlated with Giftify, Inc. Common Stock (GIFT) are SAJ (-0.27), BIPH (-0.27) and HPPpC (-0.24). 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 GIFT correlations calculated?
- We compute the correlation of daily returns between GIFT 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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