Greenpro Capital Corp. Common Stock (GRNQ) — Stock Correlations & Overview
Over the past year, GRNQ has moved most closely with IPST, HAO, UI. Explore the stocks most correlated and inversely correlated with GRNQ below, along with its price, financials, and company profile.
Stocks correlated with GRNQ
Correlation of daily returns. Higher positive values move with GRNQ; negative values move opposite it. Informational only, not investment advice.
Most correlated with GRNQ
| Symbol | Company | Correlation |
|---|---|---|
| IPST | IP Strategy Holdings, Inc. Common StockBEVERAGES | 0.29 |
| HAO | Haoxi Health Technology Limited Class A Ordinary Shares | 0.24 |
| UI | Ubiquiti Inc. Common StockRADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT | 0.21 |
| OBIO | Orchestra BioMed Holdings, Inc. Ordinary SharesSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.20 |
| QUIZ | Zacks Quality International ETF | 0.20 |
Most inversely correlated with GRNQ
| Symbol | Company | Correlation |
|---|---|---|
| CTSO | Cytosorbents Corp.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.24 |
| EYPT | EyePoint, Inc. Common StockLABORATORY ANALYTICAL INSTRUMENTS | -0.23 |
| EHC | Encompass Health Corporation Common StockSERVICES-HOSPITALS | -0.22 |
| WXM | WF International Limited Ordinary Shares | -0.22 |
| BRFH | Barfresh Food Group Inc. Common StockCANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES | -0.22 |
Frequently asked questions about GRNQ correlations
- Which stocks are most correlated with GRNQ?
- Based on one year of daily returns, the stocks most correlated with Greenpro Capital Corp. Common Stock (GRNQ) are IPST (0.29), HAO (0.24) and UI (0.21). 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 GRNQ?
- Over the past year, the stocks most inversely correlated with Greenpro Capital Corp. Common Stock (GRNQ) are CTSO (-0.24), EYPT (-0.23) and EHC (-0.22). 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 GRNQ correlations calculated?
- We compute the correlation of daily returns between GRNQ 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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