Infobird Co., Ltd Ordinary Shares (IFBD) — Stock Correlations & Overview
Over the past year, IFBD has moved most closely with CWD, CCSB, EPSM. Explore the stocks most correlated and inversely correlated with IFBD below, along with its price, financials, and company profile.
Stocks correlated with IFBD
Correlation of daily returns. Higher positive values move with IFBD; negative values move opposite it. Informational only, not investment advice.
Most correlated with IFBD
| Symbol | Company | Correlation |
|---|---|---|
| CWD | CaliberCos Inc. Class A Common StockREAL ESTATE | 0.29 |
| CCSB | Carbon Collective Short Duration Green Bond ETF | 0.26 |
| EPSM | Epsium Enterprise Limited Class A Ordinary Shares | 0.24 |
| ITP | IT Tech Packaging, Inc.CONVERTED PAPER & PAPERBOARD PRODS (NO CONTANERS/BOXES) | 0.23 |
| TRPA | Hartford AAA CLO ETF | 0.23 |
Most inversely correlated with IFBD
| Symbol | Company | Correlation |
|---|---|---|
| KD | Kyndryl Holdings, Inc.SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | -0.35 |
| WAT | Waters CorpLABORATORY ANALYTICAL INSTRUMENTS | -0.23 |
| WTW | Willis Towers Watson Public Limited Company Ordinary SharesINSURANCE AGENTS, BROKERS & SERVICE | -0.20 |
| HFSP | TradersAI Large Cap Equity & Cash ETF | -0.19 |
| SSL | Sasol Limited | -0.18 |
Frequently asked questions about IFBD correlations
- Which stocks are most correlated with IFBD?
- Based on one year of daily returns, the stocks most correlated with Infobird Co., Ltd Ordinary Shares (IFBD) are CWD (0.29), CCSB (0.26) and EPSM (0.24). 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 IFBD?
- Over the past year, the stocks most inversely correlated with Infobird Co., Ltd Ordinary Shares (IFBD) are KD (-0.35), WAT (-0.23) and WTW (-0.20). 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 IFBD correlations calculated?
- We compute the correlation of daily returns between IFBD 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.