Nauticus Robotics, Inc Warrant (KITTW) — Stock Correlations & Overview
Over the past year, KITTW has moved most closely with KITT, CAPR, DBI. Explore the stocks most correlated and inversely correlated with KITTW below, along with its price, financials, and company profile.
Stocks correlated with KITTW
Correlation of daily returns. Higher positive values move with KITTW; negative values move opposite it. Informational only, not investment advice.
Most correlated with KITTW
| Symbol | Company | Correlation |
|---|---|---|
| KITT | Nauticus Robotics, Inc. Common stockGENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC | 0.56 |
| CAPR | Capricor Therapeutics IncPHARMACEUTICAL PREPARATIONS | 0.41 |
| DBI | Designer Brands Inc.RETAIL-SHOE STORES | 0.24 |
| CINT | CI&T Inc | 0.24 |
| XFLX | FundX Flexible ETF | 0.24 |
Most inversely correlated with KITTW
| Symbol | Company | Correlation |
|---|---|---|
| CII | BlackRock Enhanced Large Cap Core Fund, Inc. | -0.22 |
| IMMP | Immutep Limited American Depositary Shares | -0.21 |
| ECCC | Eagle Point Credit Company 6.50% Series C Term Preferred Shares due 2031 | -0.20 |
| ARE | Alexandria Real Estate Equities, Inc.REAL ESTATE INVESTMENT TRUSTS | -0.19 |
| INBS | Intelligent Bio Solutions Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.19 |
Frequently asked questions about KITTW correlations
- Which stocks are most correlated with KITTW?
- Based on one year of daily returns, the stocks most correlated with Nauticus Robotics, Inc Warrant (KITTW) are KITT (0.56), CAPR (0.41) and DBI (0.24). 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 KITTW?
- Over the past year, the stocks most inversely correlated with Nauticus Robotics, Inc Warrant (KITTW) are CII (-0.22), IMMP (-0.21) and ECCC (-0.20). 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 KITTW correlations calculated?
- We compute the correlation of daily returns between KITTW 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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