KULR Technology Group, Inc. (KULR) — Stock Correlations & Overview
Over the past year, KULR has moved most closely with WQTM, BUZZ, QPUX. Explore the stocks most correlated and inversely correlated with KULR below, along with its price, financials, and company profile.
Stocks correlated with KULR
Correlation of daily returns. Higher positive values move with KULR; negative values move opposite it. Informational only, not investment advice.
Most correlated with KULR
| Symbol | Company | Correlation |
|---|---|---|
| WQTM | WisdomTree Quantum Computing Fund | 0.66 |
| BUZZ | VanEck Social Sentiment ETF | 0.64 |
| QPUX | Defiance 2X Daily Long Pure Quantum ETF | 0.64 |
| MEME | Roundhill Meme Stock ETF | 0.64 |
| KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | 0.63 |
Most inversely correlated with KULR
| Symbol | Company | Correlation |
|---|---|---|
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.60 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.59 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.57 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.57 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.56 |
Frequently asked questions about KULR correlations
- Which stocks are most correlated with KULR?
- Based on one year of daily returns, the stocks most correlated with KULR Technology Group, Inc. (KULR) are WQTM (0.66), BUZZ (0.64) and QPUX (0.64). 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 KULR?
- Over the past year, the stocks most inversely correlated with KULR Technology Group, Inc. (KULR) are RGTZ (-0.60), SARK (-0.59) and QBTZ (-0.57). 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 KULR correlations calculated?
- We compute the correlation of daily returns between KULR 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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