GROW GENERATION CORP (GRWG) — Stock Correlations & Overview
Over the past year, GRWG has moved most closely with MJ, CGC, YOLO. Explore the stocks most correlated and inversely correlated with GRWG below, along with its price, financials, and company profile.
Stocks correlated with GRWG
Correlation of daily returns. Higher positive values move with GRWG; negative values move opposite it. Informational only, not investment advice.
Most correlated with GRWG
| Symbol | Company | Correlation |
|---|---|---|
| MJ | Amplify Alternative Harvest ETF | 0.63 |
| CGC | Canopy Growth Corporation Common SharesMEDICINAL CHEMICALS & BOTANICAL PRODUCTS | 0.61 |
| YOLO | AdvisorShares Pure Cannabis ETF | 0.61 |
| TLRY | Tilray Brands, Inc. Common StockMEDICINAL CHEMICALS & BOTANICAL PRODUCTS | 0.57 |
| CNBS | Amplify Seymour Cannabis ETF | 0.56 |
Most inversely correlated with GRWG
| Symbol | Company | Correlation |
|---|---|---|
| CCHH | CCH Holdings Ltd Class A Ordinary Shares | -0.27 |
| MLTX | MoonLake Immunotherapeutics Class A Ordinary SharesPHARMACEUTICAL PREPARATIONS | -0.26 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.24 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.22 |
| ARBK | Argo Blockchain plc American Depositary Shares | -0.22 |
Frequently asked questions about GRWG correlations
- Which stocks are most correlated with GRWG?
- Based on one year of daily returns, the stocks most correlated with GROW GENERATION CORP (GRWG) are MJ (0.63), CGC (0.61) and YOLO (0.61). 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 GRWG?
- Over the past year, the stocks most inversely correlated with GROW GENERATION CORP (GRWG) are CCHH (-0.27), MLTX (-0.26) and SARK (-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 GRWG correlations calculated?
- We compute the correlation of daily returns between GRWG 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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