Coffee Holding Co., Inc. (JVA) — Stock Correlations & Overview
Over the past year, JVA has moved most closely with ELTX, REFI, GBDC. Explore the stocks most correlated and inversely correlated with JVA below, along with its price, financials, and company profile.
Stocks correlated with JVA
Correlation of daily returns. Higher positive values move with JVA; negative values move opposite it. Informational only, not investment advice.
Most correlated with JVA
| Symbol | Company | Correlation |
|---|---|---|
| ELTX | Elicio Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.34 |
| REFI | Chicago Atlantic Real Estate Finance, Inc. Common StockREAL ESTATE INVESTMENT TRUSTS | 0.31 |
| GBDC | Golub Capital BDC, Inc. | 0.30 |
| NMRA | Neumora Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.30 |
| ARCC | Ares Capital Corporation | 0.29 |
Frequently asked questions about JVA correlations
- Which stocks are most correlated with JVA?
- Based on one year of daily returns, the stocks most correlated with Coffee Holding Co., Inc. (JVA) are ELTX (0.34), REFI (0.31) and GBDC (0.30). 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 JVA?
- Over the past year, the stocks most inversely correlated with Coffee Holding Co., Inc. (JVA) are WNW (-0.36), ALDX (-0.29) and SBB (-0.25). 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 JVA correlations calculated?
- We compute the correlation of daily returns between JVA 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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