Gulf Resources, Inc. (NV) Common Stock (GURE) — Stock Correlations & Overview
Over the past year, GURE has moved most closely with SWBI, TGL, PLRZ. Explore the stocks most correlated and inversely correlated with GURE below, along with its price, financials, and company profile.
Stocks correlated with GURE
Correlation of daily returns. Higher positive values move with GURE; negative values move opposite it. Informational only, not investment advice.
Most correlated with GURE
| Symbol | Company | Correlation |
|---|---|---|
| SWBI | Smith & Wesson Brands, Inc. Common StockORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) | 0.28 |
| TGL | Treasure Global Inc. Common StockSERVICES-BUSINESS SERVICES, NEC | 0.28 |
| PLRZ | Polyrizon Ltd. Ordinary Shares | 0.27 |
| AWX | Avalon Holdings Corp.REFUSE SYSTEMS | 0.27 |
| AQMS | Aqua Metals, Inc. Common StockSECONDARY SMELTING & REFINING OF NONFERROUS METALS | 0.26 |
Most inversely correlated with GURE
| Symbol | Company | Correlation |
|---|---|---|
| JANX | Janux Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.30 |
| REED | Reed's, Inc.BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS | -0.23 |
| CNK | Cinemark Holdings, Inc.SERVICES-MOTION PICTURE THEATERS | -0.23 |
| VFF | Village Farms International, Inc. Common Shares | -0.22 |
| XCUR | Exicure, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.21 |
Frequently asked questions about GURE correlations
- Which stocks are most correlated with GURE?
- Based on one year of daily returns, the stocks most correlated with Gulf Resources, Inc. (NV) Common Stock (GURE) are SWBI (0.28), TGL (0.28) and PLRZ (0.27). 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 GURE?
- Over the past year, the stocks most inversely correlated with Gulf Resources, Inc. (NV) Common Stock (GURE) are JANX (-0.30), REED (-0.23) and CNK (-0.23). 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 GURE correlations calculated?
- We compute the correlation of daily returns between GURE 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.