Greenland Technologies Holding Corporation Class A Ordinary Shares (GTEC) — Stock Correlations & Overview
Over the past year, GTEC has moved most closely with HTUS, PLYY, ACON. Explore the stocks most correlated and inversely correlated with GTEC below, along with its price, financials, and company profile.
Stocks correlated with GTEC
Correlation of daily returns. Higher positive values move with GTEC; negative values move opposite it. Informational only, not investment advice.
Most correlated with GTEC
| Symbol | Company | Correlation |
|---|---|---|
| HTUS | Hull Tactical US ETF | 0.28 |
| PLYY | GraniteShares YieldBOOST PLTR ETF | 0.28 |
| ACON | Aclarion, Inc. Common StockSERVICES-MEDICAL LABORATORIES | 0.28 |
| QCLS | Q/C Technologies, Inc. Common StockIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | 0.26 |
| PEBpG | Pebblebrook Hotel Trust 6.375% Series G Cumulative Redeemable Preferred Shares of Beneficial InterestREAL ESTATE INVESTMENT TRUSTS | 0.25 |
Frequently asked questions about GTEC correlations
- Which stocks are most correlated with GTEC?
- Based on one year of daily returns, the stocks most correlated with Greenland Technologies Holding Corporation Class A Ordinary Shares (GTEC) are HTUS (0.28), PLYY (0.28) and ACON (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 GTEC?
- Over the past year, the stocks most inversely correlated with Greenland Technologies Holding Corporation Class A Ordinary Shares (GTEC) are ELME (-0.27), SETH (-0.20) and SLTY (-0.20). 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 GTEC correlations calculated?
- We compute the correlation of daily returns between GTEC 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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