J-Long Group Limited Class A Ordinary Shares (JL) — Stock Correlations & Overview
Over the past year, JL has moved most closely with HROW, SWZ, SBpD. Explore the stocks most correlated and inversely correlated with JL below, along with its price, financials, and company profile.
Stocks correlated with JL
Correlation of daily returns. Higher positive values move with JL; negative values move opposite it. Informational only, not investment advice.
Most correlated with JL
| Symbol | Company | Correlation |
|---|---|---|
| HROW | Harrow, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.27 |
| SWZ | Total Return Securities Fund | 0.27 |
| SBpD | Safe Bulkers, Inc. 8.00% Series D | 0.26 |
| LXEH | Lixiang Education Holding Co., Ltd. American Depositary Shares | 0.26 |
| SKYE | Skye Bioscience, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.25 |
Most inversely correlated with JL
| Symbol | Company | Correlation |
|---|---|---|
| MOBX | Mobix Labs, Inc. Class A Common StockSEMICONDUCTORS & RELATED DEVICES | -0.35 |
| SPRB | Spruce Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.28 |
| BATL | Battalion Oil CorporationCRUDE PETROLEUM & NATURAL GAS | -0.27 |
| TPET | Trio Petroleum Corp.CRUDE PETROLEUM & NATURAL GAS | -0.25 |
| ZD | Ziff Davis, Inc. Common StockTELEGRAPH & OTHER MESSAGE COMMUNICATIONS | -0.22 |
Frequently asked questions about JL correlations
- Which stocks are most correlated with JL?
- Based on one year of daily returns, the stocks most correlated with J-Long Group Limited Class A Ordinary Shares (JL) are HROW (0.27), SWZ (0.27) and SBpD (0.26). 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 JL?
- Over the past year, the stocks most inversely correlated with J-Long Group Limited Class A Ordinary Shares (JL) are MOBX (-0.35), SPRB (-0.28) and BATL (-0.27). 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 JL correlations calculated?
- We compute the correlation of daily returns between JL 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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