INNEOVA Holdings Limited Class A Ordinary Shares (INEO) — Stock Correlations & Overview

Over the past year, INEO has moved most closely with SCNX, CLB, SLMT. Explore the stocks most correlated and inversely correlated with INEO below, along with its price, financials, and company profile.

Stocks correlated with INEO

Correlation of daily returns. Higher positive values move with INEO; negative values move opposite it. Informational only, not investment advice.

Most correlated with INEO

SymbolCompanyCorrelation
SCNXScienture Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS0.29
CLBCore Laboratories Inc.OIL & GAS FIELD SERVICES, NEC0.27
SLMTBrera Holdings PLC Class B Ordinary Shares0.25
ARLOArlo Technologies, Inc.SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES0.25
GTIMGood Times Restaurants Inc.RETAIL-EATING PLACES0.25

Most inversely correlated with INEO

SymbolCompanyCorrelation
PBYIPUMA BIOTECHNOLOGY INCPHARMACEUTICAL PREPARATIONS-0.28
XPOFXponential Fitness, Inc.SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION-0.25
FLRTPacer Aristotle Pacific Floating Rate High Income ETF-0.23
ITGRInteger Holdings CorporationELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS-0.22
LBGJLi Bang International Corporation Inc. Class A Ordinary Shares-0.21

Frequently asked questions about INEO correlations

Which stocks are most correlated with INEO?
Based on one year of daily returns, the stocks most correlated with INNEOVA Holdings Limited Class A Ordinary Shares (INEO) are SCNX (0.29), CLB (0.27) and SLMT (0.25). 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 INEO?
Over the past year, the stocks most inversely correlated with INNEOVA Holdings Limited Class A Ordinary Shares (INEO) are PBYI (-0.28), XPOF (-0.25) and FLRT (-0.23). 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 INEO correlations calculated?
We compute the correlation of daily returns between INEO 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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