Healthcare Triangle, Inc. Common Stock (HCTI) — Stock Correlations & Overview
Over the past year, HCTI has moved most closely with EAF, MOTG, VPC. Explore the stocks most correlated and inversely correlated with HCTI below, along with its price, financials, and company profile.
Stocks correlated with HCTI
Correlation of daily returns. Higher positive values move with HCTI; negative values move opposite it. Informational only, not investment advice.
Most correlated with HCTI
| Symbol | Company | Correlation |
|---|---|---|
| EAF | GrafTech International Ltd.ELECTRICAL INDUSTRIAL APPARATUS | 0.33 |
| MOTG | VanEck Morningstar Global Wide Moat ETF | 0.32 |
| VPC | Virtus Private Credit Strategy ETF | 0.32 |
| FXED | Sound Enhanced Fixed Income ETF | 0.32 |
| KVLE | KraneShares Value Line Dynamic Dividend Equity Index ETF | 0.31 |
Most inversely correlated with HCTI
| Symbol | Company | Correlation |
|---|---|---|
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.31 |
| SDD | ProShares UltraShort SmallCap600 | -0.23 |
| DAAQ | Digital Asset Acquisition Corp. Class A Ordinary sharesSTATE COMMERCIAL BANKS | -0.23 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.22 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.22 |
Frequently asked questions about HCTI correlations
- Which stocks are most correlated with HCTI?
- Based on one year of daily returns, the stocks most correlated with Healthcare Triangle, Inc. Common Stock (HCTI) are EAF (0.33), MOTG (0.32) and VPC (0.32). 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 HCTI?
- Over the past year, the stocks most inversely correlated with Healthcare Triangle, Inc. Common Stock (HCTI) are CARD (-0.31), SDD (-0.23) and DAAQ (-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 HCTI correlations calculated?
- We compute the correlation of daily returns between HCTI 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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