Huachen AI Parking Management Technology Holding Co., Ltd. Ordinary Shares (HCAI) — Stock Correlations & Overview
Over the past year, HCAI has moved most closely with SBFM, WTF, SACH. Explore the stocks most correlated and inversely correlated with HCAI below, along with its price, financials, and company profile.
Stocks correlated with HCAI
Correlation of daily returns. Higher positive values move with HCAI; negative values move opposite it. Informational only, not investment advice.
Most correlated with HCAI
| Symbol | Company | Correlation |
|---|---|---|
| SBFM | Sunshine Biopharma Inc.PHARMACEUTICAL PREPARATIONS | 0.32 |
| WTF | Waton Financial Limited Ordinary Shares | 0.26 |
| SACH | Sachem Capital Corp. Common SharesREAL ESTATE INVESTMENT TRUSTS | 0.22 |
| HIVE | HIVE Digital Technologies Ltd. Common SharesFINANCE SERVICES | 0.22 |
| AIXI | XIAO-I Corporation American Depositary Shares | 0.22 |
Most inversely correlated with HCAI
| Symbol | Company | Correlation |
|---|---|---|
| CHH | Choice Hotels Intnl.HOTELS & MOTELS | -0.30 |
| RDAC | Rising Dragon Acquisition Corp. Ordinary SharesBLANK CHECKS | -0.24 |
| OPCH | Option Care Health, Inc. Common StockSERVICES-HOME HEALTH CARE SERVICES | -0.23 |
| WH | Wyndham Hotels & Resorts, Inc. Common StockHOTELS & MOTELS | -0.21 |
| MTG | MGIC Investment Corp.SURETY INSURANCE | -0.19 |
Frequently asked questions about HCAI correlations
- Which stocks are most correlated with HCAI?
- Based on one year of daily returns, the stocks most correlated with Huachen AI Parking Management Technology Holding Co., Ltd. Ordinary Shares (HCAI) are SBFM (0.32), WTF (0.26) and SACH (0.22). 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 HCAI?
- Over the past year, the stocks most inversely correlated with Huachen AI Parking Management Technology Holding Co., Ltd. Ordinary Shares (HCAI) are CHH (-0.30), RDAC (-0.24) and OPCH (-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 HCAI correlations calculated?
- We compute the correlation of daily returns between HCAI 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.