Rice Acquisition Corporation 3 Units, each consisting of one Class A ordinary share, and one-sixth of one redeemable warrant (KRSP.U) — Stock Correlations & Overview
Over the past year, KRSP.U has moved most closely with LFMDP, IVF, JANX. Explore the stocks most correlated and inversely correlated with KRSP.U below, along with its price, financials, and company profile.
Stocks correlated with KRSP.U
Correlation of daily returns. Higher positive values move with KRSP.U; negative values move opposite it. Informational only, not investment advice.
Most correlated with KRSP.U
| Symbol | Company | Correlation |
|---|---|---|
| LFMDP | LifeMD, Inc. 8.875% Series A Cumulative Perpetual Preferred StockSERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE | 0.23 |
| IVF | INVO Fertility, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.22 |
| JANX | Janux Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.21 |
| PSIL | AdvisorShares Psychedelics ETF | 0.21 |
| VHC | VirnetX Holding Corp Common StockPATENT OWNERS & LESSORS | 0.20 |
Most inversely correlated with KRSP.U
| Symbol | Company | Correlation |
|---|---|---|
| APWC | Asia Pacific Wire & Cable Corp | -0.24 |
| MGYR | Magyar Bancorp, Inc.SAVINGS INSTITUTION, FEDERALLY CHARTERED | -0.23 |
| VTIP | Vanguard Short-Term Inflation-Protected Securities Index Fund | -0.21 |
| GRVY | GRAVITY Co., Ltd. | -0.20 |
| WDS | Woodside Energy Group Limited American Depositary Shares, each representing one Ordinary Share | -0.20 |
Frequently asked questions about KRSP.U correlations
- Which stocks are most correlated with KRSP.U?
- Based on one year of daily returns, the stocks most correlated with Rice Acquisition Corporation 3 Units, each consisting of one Class A ordinary share, and one-sixth of one redeemable warrant (KRSP.U) are LFMDP (0.23), IVF (0.22) and JANX (0.21). 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 KRSP.U?
- Over the past year, the stocks most inversely correlated with Rice Acquisition Corporation 3 Units, each consisting of one Class A ordinary share, and one-sixth of one redeemable warrant (KRSP.U) are APWC (-0.24), MGYR (-0.23) and VTIP (-0.21). 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 KRSP.U correlations calculated?
- We compute the correlation of daily returns between KRSP.U 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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