Hycroft Mining Holding Corporation Class A Common Stock (HYMC) — Stock Correlations & Overview
Over the past year, HYMC has moved most closely with SILJ, ASA, SLVP. Explore the stocks most correlated and inversely correlated with HYMC below, along with its price, financials, and company profile.
Stocks correlated with HYMC
Correlation of daily returns. Higher positive values move with HYMC; negative values move opposite it. Informational only, not investment advice.
Most correlated with HYMC
| Symbol | Company | Correlation |
|---|---|---|
| SILJ | Amplify Junior Silver Miners ETF | 0.75 |
| ASA | ASA GOLD AND PRECIOUS METALS LIMITED | 0.73 |
| SLVP | iShares MSCI Global Silver and Metals Miners ETF | 0.73 |
| SIL | Global X Silver Miners ETF (NEW) | 0.73 |
| AGMI | Themes Silver Miners ETF | 0.72 |
Most inversely correlated with HYMC
| Symbol | Company | Correlation |
|---|---|---|
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | -0.71 |
| GDXD | MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.70 |
| DUST | Direxion Daily Gold Miners Index Bear 2X ETF | -0.69 |
| GLL | ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS | -0.65 |
| DULL | MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.65 |
Frequently asked questions about HYMC correlations
- Which stocks are most correlated with HYMC?
- Based on one year of daily returns, the stocks most correlated with Hycroft Mining Holding Corporation Class A Common Stock (HYMC) are SILJ (0.75), ASA (0.73) and SLVP (0.73). 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 HYMC?
- Over the past year, the stocks most inversely correlated with Hycroft Mining Holding Corporation Class A Common Stock (HYMC) are JDST (-0.71), GDXD (-0.70) and DUST (-0.69). 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 HYMC correlations calculated?
- We compute the correlation of daily returns between HYMC 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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