Which stocks are most correlated with GLXG?

Based on one year of daily returns, the stocks most correlated with Galaxy Payroll Group Limited Class A Ordinary Shares (GLXG) are GELS (0.42), SYPR (0.29) and SMSI (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 GLXG?

Over the past year, the stocks most inversely correlated with Galaxy Payroll Group Limited Class A Ordinary Shares (GLXG) are PPBT (-0.33), NTCL (-0.30) and AD (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Galaxy Payroll Group Limited Class A Ordinary Shares (GLXG) — Stock Correlations & Overview

Over the past year, GLXG has moved most closely with GELS, SYPR, SMSI. Explore the stocks most correlated and inversely correlated with GLXG below, along with its price, financials, and company profile.

Stocks correlated with GLXG

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

Most correlated with GLXG

Symbol	Company	Correlation
GELS	Gelteq Limited Ordinary Shares	0.42
SYPR	Sypris Solutions IncINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL	0.29
SMSI	Smith Micro Software IncSERVICES-PREPACKAGED SOFTWARE	0.28
CDZIP	Cadiz, Inc. Depositary SharesWATER SUPPLY	0.28
TOON	Kartoon Studios, Inc.SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION	0.28

Most inversely correlated with GLXG

Symbol	Company	Correlation
PPBT	Purple Biotech Ltd. American Depositary Shares	-0.33
NTCL	NETCLASS TECHNOLOGY INC Class A Ordinary Shares	-0.30
AD	Array Digital Infrastructure, Inc.RADIOTELEPHONE COMMUNICATIONS	-0.27
ATOS	Atossa Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.24
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	-0.23

Frequently asked questions about GLXG correlations

Which stocks are most correlated with GLXG?: Based on one year of daily returns, the stocks most correlated with Galaxy Payroll Group Limited Class A Ordinary Shares (GLXG) are GELS (0.42), SYPR (0.29) and SMSI (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 GLXG?: Over the past year, the stocks most inversely correlated with Galaxy Payroll Group Limited Class A Ordinary Shares (GLXG) are PPBT (-0.33), NTCL (-0.30) and AD (-0.27). 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 GLXG correlations calculated?: We compute the correlation of daily returns between GLXG 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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