Haoxin Holdings Limited Class A Ordinary Shares (HXHX) — Stock Correlations & Overview
Over the past year, HXHX has moved most closely with UNF, SIDU, NRXS. Explore the stocks most correlated and inversely correlated with HXHX below, along with its price, financials, and company profile.
Stocks correlated with HXHX
Correlation of daily returns. Higher positive values move with HXHX; negative values move opposite it. Informational only, not investment advice.
Most correlated with HXHX
| Symbol | Company | Correlation |
|---|---|---|
| UNF | Unifirst CorpSERVICES-PERSONAL SERVICES | 0.36 |
| SIDU | Sidus Space, Inc. Class A Common StockRADIOTELEPHONE COMMUNICATIONS | 0.34 |
| NRXS | Neuraxis, Inc.ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS | 0.31 |
| MGRT | Mega Fortune Company Limited Ordinary Shares | 0.31 |
| GLE | Global Engine Group Holding Limited Class A Ordinary Shares | 0.30 |
Most inversely correlated with HXHX
| Symbol | Company | Correlation |
|---|---|---|
| KCAI | KraneShares China Alpha Index ETF | -0.60 |
| USG | USCF GOLD STRATEGY PLUS INCOME FUND | -0.48 |
| MOTG | VanEck Morningstar Global Wide Moat ETF | -0.48 |
| EVMT | Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF | -0.43 |
| KSPY | KraneShares Hedgeye Hedged Equity Index ETF | -0.37 |
Frequently asked questions about HXHX correlations
- Which stocks are most correlated with HXHX?
- Based on one year of daily returns, the stocks most correlated with Haoxin Holdings Limited Class A Ordinary Shares (HXHX) are UNF (0.36), SIDU (0.34) and NRXS (0.31). 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 HXHX?
- Over the past year, the stocks most inversely correlated with Haoxin Holdings Limited Class A Ordinary Shares (HXHX) are KCAI (-0.60), USG (-0.48) and MOTG (-0.48). 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 HXHX correlations calculated?
- We compute the correlation of daily returns between HXHX 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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