Klarna Group plc (KLAR) — Stock Correlations & Overview
Over the past year, KLAR has moved most closely with BPAY, FINX, AFRM. Explore the stocks most correlated and inversely correlated with KLAR below, along with its price, financials, and company profile.
Stocks correlated with KLAR
Correlation of daily returns. Higher positive values move with KLAR; negative values move opposite it. Informational only, not investment advice.
Most correlated with KLAR
| Symbol | Company | Correlation |
|---|---|---|
| BPAY | iShares FinTech Active ETF | 0.55 |
| FINX | Global X Funds Global X FinTech ETF | 0.53 |
| AFRM | Affirm Holdings, Inc. Class A Common StockPERSONAL CREDIT INSTITUTIONS | 0.53 |
| AFRU | T-REX 2X Long AFRM Daily Target ETF | 0.52 |
| UPST | Upstart Holdings, Inc. Common stockFINANCE SERVICES | 0.51 |
Frequently asked questions about KLAR correlations
- Which stocks are most correlated with KLAR?
- Based on one year of daily returns, the stocks most correlated with Klarna Group plc (KLAR) are BPAY (0.55), FINX (0.53) and AFRM (0.53). 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 KLAR?
- Over the past year, the stocks most inversely correlated with Klarna Group plc (KLAR) are WEBS (-0.46), SPXS (-0.44) and SDS (-0.44). 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 KLAR correlations calculated?
- We compute the correlation of daily returns between KLAR 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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