JX Luxventure Limited Common Stock (JXG) — Stock Correlations & Overview
Over the past year, JXG has moved most closely with LGHL, SLMT, VCV. Explore the stocks most correlated and inversely correlated with JXG below, along with its price, financials, and company profile.
Stocks correlated with JXG
Correlation of daily returns. Higher positive values move with JXG; negative values move opposite it. Informational only, not investment advice.
Most correlated with JXG
| Symbol | Company | Correlation |
|---|---|---|
| LGHL | Lion Group Holding Ltd. American Depositary Share | 0.42 |
| SLMT | Brera Holdings PLC Class B Ordinary Shares | 0.39 |
| VCV | INVESCO CALIFORNIA VALUE MUNI INCOME TRUST | 0.27 |
| NCPL | Netcapital Inc. Common StockFINANCE SERVICES | 0.26 |
| BBWI | Bath & Body Works, Inc.RETAIL-RETAIL STORES, NEC | 0.26 |
Most inversely correlated with JXG
| Symbol | Company | Correlation |
|---|---|---|
| PACS | PACS Group, Inc.SERVICES-SKILLED NURSING CARE FACILITIES | -0.28 |
| PALD | Direxion Shares ETF Trust Direxion Daily PANW Bear 1X ETF | -0.24 |
| MAGN | Magnera CorporationPAPER MILLS | -0.22 |
| TYRA | Tyra Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.20 |
| SND | Smart Sand, Inc. Common StockMINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) | -0.20 |
Frequently asked questions about JXG correlations
- Which stocks are most correlated with JXG?
- Based on one year of daily returns, the stocks most correlated with JX Luxventure Limited Common Stock (JXG) are LGHL (0.42), SLMT (0.39) and VCV (0.27). 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 JXG?
- Over the past year, the stocks most inversely correlated with JX Luxventure Limited Common Stock (JXG) are PACS (-0.28), PALD (-0.24) and MAGN (-0.22). 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 JXG correlations calculated?
- We compute the correlation of daily returns between JXG 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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