Kodiak AI, Inc. Warrants (KDKRW) — Stock Correlations & Overview
Over the past year, KDKRW has moved most closely with KDK, TRIO, WKEY. Explore the stocks most correlated and inversely correlated with KDKRW below, along with its price, financials, and company profile.
Stocks correlated with KDKRW
Correlation of daily returns. Higher positive values move with KDKRW; negative values move opposite it. Informational only, not investment advice.
Most correlated with KDKRW
| Symbol | Company | Correlation |
|---|---|---|
| KDK | Kodiak AI, Inc. Common StockSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.66 |
| TRIO | MC Trio Equity Buffered ETF | 0.36 |
| WKEY | WISeKey International Holding AG American Depositary Shares | 0.35 |
| CAS | Simplify China A Shares PLUS Income ETFBLANK CHECKS | 0.34 |
| LAES | SEALSQ Corp Ordinary Shares | 0.33 |
Most inversely correlated with KDKRW
| Symbol | Company | Correlation |
|---|---|---|
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.28 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.28 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.25 |
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.25 |
| VIXM | ProShares VIX Mid-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.22 |
Frequently asked questions about KDKRW correlations
- Which stocks are most correlated with KDKRW?
- Based on one year of daily returns, the stocks most correlated with Kodiak AI, Inc. Warrants (KDKRW) are KDK (0.66), TRIO (0.36) and WKEY (0.35). 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 KDKRW?
- Over the past year, the stocks most inversely correlated with Kodiak AI, Inc. Warrants (KDKRW) are QBTZ (-0.28), IONZ (-0.28) and RGTZ (-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 KDKRW correlations calculated?
- We compute the correlation of daily returns between KDKRW 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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