Which stocks are most correlated with KC?

Based on one year of daily returns, the stocks most correlated with Kingsoft Cloud Holdings Limited American Depositary Shares (KC) are KWEB (0.62), CWEB (0.61) and KTEC (0.61). 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 KC?

Over the past year, the stocks most inversely correlated with Kingsoft Cloud Holdings Limited American Depositary Shares (KC) are YANG (-0.56), FXP (-0.55) and YXI (-0.51). A negative correlation means the two stocks have tended to move in opposite directions.

Kingsoft Cloud Holdings Limited American Depositary Shares (KC) — Stock Correlations & Overview

Over the past year, KC has moved most closely with KWEB, CWEB, KTEC. Explore the stocks most correlated and inversely correlated with KC below, along with its price, financials, and company profile.

Stocks correlated with KC

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

Most correlated with KC

Symbol	Company	Correlation
KWEB	KraneShares CSI China Internet ETF	0.62
CWEB	Direxion Daily CSI China Internet Index Bull 2X ETF	0.61
KTEC	KraneShares Hang Seng TECH Index ETF	0.61
GDS	GDS Holdings Limited ADS	0.61
PGJ	Invesco Golden Dragon China ETF	0.60

Most inversely correlated with KC

Symbol	Company	Correlation
YANG	Direxion Daily FTSE China Bear 3X ETF	-0.56
FXP	ProShares UltraShort FTSE China 50 of ProShares Trust	-0.55
YXI	ProShares Short FTSE China 50 of PROSHARES TRUST	-0.51
EUM	ProShares Trust Short MSCI Emerging Markets	-0.42
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.42

Frequently asked questions about KC correlations

Which stocks are most correlated with KC?: Based on one year of daily returns, the stocks most correlated with Kingsoft Cloud Holdings Limited American Depositary Shares (KC) are KWEB (0.62), CWEB (0.61) and KTEC (0.61). 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 KC?: Over the past year, the stocks most inversely correlated with Kingsoft Cloud Holdings Limited American Depositary Shares (KC) are YANG (-0.56), FXP (-0.55) and YXI (-0.51). 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 KC correlations calculated?: We compute the correlation of daily returns between KC 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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