Jiayin Group Inc. American Depositary Shares (JFIN) — Stock Correlations & Overview
Over the past year, JFIN has moved most closely with IGGY, MINV, TRIB. Explore the stocks most correlated and inversely correlated with JFIN below, along with its price, financials, and company profile.
Stocks correlated with JFIN
Correlation of daily returns. Higher positive values move with JFIN; negative values move opposite it. Informational only, not investment advice.
Most correlated with JFIN
| Symbol | Company | Correlation |
|---|---|---|
| IGGY | AB International Growth ETF | 0.38 |
| MINV | Matthews Asia Innovators Active ETF | 0.36 |
| TRIB | Trinity Biotech plc | 0.36 |
| GAA | Cambria Global Asset Allocation ETF | 0.35 |
| ARKF | ARK Blockchain & Fintech Innovation ETF | 0.35 |
Most inversely correlated with JFIN
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.33 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.33 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.33 |
| SBIT | ProShares UltraShort Bitcoin ETF | -0.32 |
| BITI | ProShares Short Bitcoin ETF | -0.32 |
Frequently asked questions about JFIN correlations
- Which stocks are most correlated with JFIN?
- Based on one year of daily returns, the stocks most correlated with Jiayin Group Inc. American Depositary Shares (JFIN) are IGGY (0.38), MINV (0.36) and TRIB (0.36). 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 JFIN?
- Over the past year, the stocks most inversely correlated with Jiayin Group Inc. American Depositary Shares (JFIN) are SARK (-0.33), EEV (-0.33) and EUM (-0.33). 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 JFIN correlations calculated?
- We compute the correlation of daily returns between JFIN 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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