Hennessy Capital Investment Corp. VII Ordinary Shares (HVII) — Stock Correlations & Overview
Over the past year, HVII has moved most closely with WFCpD, AAP, LYTS. Explore the stocks most correlated and inversely correlated with HVII below, along with its price, financials, and company profile.
Stocks correlated with HVII
Correlation of daily returns. Higher positive values move with HVII; negative values move opposite it. Informational only, not investment advice.
Most correlated with HVII
| Symbol | Company | Correlation |
|---|---|---|
| WFCpD | Wells Fargo & Company Depositary Shares, each representing a 1/1, 000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DDNATIONAL COMMERCIAL BANKS | 0.32 |
| AAP | ADVANCE AUTO PARTS INCRETAIL-AUTO & HOME SUPPLY STORES | 0.30 |
| LYTS | LSI Industries IncELECTRIC LIGHTING & WIRING EQUIPMENT | 0.29 |
| CDTG | CDT Environmental Technology Investment Holdings Limited ordinary shares | 0.28 |
| CATO | CATO CORPRETAIL-WOMEN'S CLOTHING STORES | 0.27 |
Most inversely correlated with HVII
| Symbol | Company | Correlation |
|---|---|---|
| HOWL | Werewolf Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.37 |
| RFAIR | RF Acquisition Corp II RightBLANK CHECKS | -0.35 |
| BRLS | Borealis Foods Inc. Class A Common SharesFOOD AND KINDRED PRODUCTS | -0.31 |
| NCTY | The9 Limited American Depository Shares representing three class A ordinary shares | -0.30 |
| BEEM | Beam Global Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | -0.29 |
Frequently asked questions about HVII correlations
- Which stocks are most correlated with HVII?
- Based on one year of daily returns, the stocks most correlated with Hennessy Capital Investment Corp. VII Ordinary Shares (HVII) are WFCpD (0.32), AAP (0.30) and LYTS (0.29). 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 HVII?
- Over the past year, the stocks most inversely correlated with Hennessy Capital Investment Corp. VII Ordinary Shares (HVII) are HOWL (-0.37), RFAIR (-0.35) and BRLS (-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 HVII correlations calculated?
- We compute the correlation of daily returns between HVII 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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