Fusion Fuel Green PLC Class A Ordinary Shares (HTOO) — Stock Correlations & Overview
Over the past year, HTOO has moved most closely with BLDP, ARBE, QSI. Explore the stocks most correlated and inversely correlated with HTOO below, along with its price, financials, and company profile.
Stocks correlated with HTOO
Correlation of daily returns. Higher positive values move with HTOO; negative values move opposite it. Informational only, not investment advice.
Most correlated with HTOO
| Symbol | Company | Correlation |
|---|---|---|
| BLDP | Ballard Power Systems Inc. | 0.40 |
| ARBE | Arbe Robotics Ltd. Ordinary Shares | 0.37 |
| QSI | Quantum-Si Incorporated Class A Common StockMEASURING & CONTROLLING DEVICES, NEC | 0.37 |
| MLGO | MicroAlgo, Inc. Ordinary SharesSERVICES-COMPUTER PROGRAMMING SERVICES | 0.37 |
| HAIL | State Street SPDR S&P Kensho Smart Mobility ETF | 0.37 |
Frequently asked questions about HTOO correlations
- Which stocks are most correlated with HTOO?
- Based on one year of daily returns, the stocks most correlated with Fusion Fuel Green PLC Class A Ordinary Shares (HTOO) are BLDP (0.40), ARBE (0.37) and QSI (0.37). 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 HTOO?
- Over the past year, the stocks most inversely correlated with Fusion Fuel Green PLC Class A Ordinary Shares (HTOO) are RWM (-0.32), SLTY (-0.31) and SRTY (-0.31). 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 HTOO correlations calculated?
- We compute the correlation of daily returns between HTOO 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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