GoPro, Inc. (GPRO) — Stock Correlations & Overview
Over the past year, GPRO has moved most closely with RR, KOCT, QQQS. Explore the stocks most correlated and inversely correlated with GPRO below, along with its price, financials, and company profile.
Stocks correlated with GPRO
Correlation of daily returns. Higher positive values move with GPRO; negative values move opposite it. Informational only, not investment advice.
Most correlated with GPRO
| Symbol | Company | Correlation |
|---|---|---|
| RR | Richtech Robotics Inc. Class B Common StockGENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC | 0.37 |
| KOCT | Innovator U.S. Small Cap Power Buffer ETF - October | 0.36 |
| QQQS | Invesco NASDAQ Future Gen 200 ETFINVESTMENT ADVICE | 0.36 |
| KSEP | Innovator U.S. Small Cap Power Buffer ETF - September | 0.35 |
| VERS | ProShares Metaverse ETF | 0.35 |
Frequently asked questions about GPRO correlations
- Which stocks are most correlated with GPRO?
- Based on one year of daily returns, the stocks most correlated with GoPro, Inc. (GPRO) are RR (0.37), KOCT (0.36) and QQQS (0.36). 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 GPRO?
- Over the past year, the stocks most inversely correlated with GoPro, Inc. (GPRO) are TZA (-0.33), TWM (-0.33) and SRTY (-0.33). 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 GPRO correlations calculated?
- We compute the correlation of daily returns between GPRO 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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