Kaixin Holdings Ordinary Shares (KXIN) — Stock Correlations & Overview
Over the past year, KXIN has moved most closely with PFSI, AGQ, RITMpE. Explore the stocks most correlated and inversely correlated with KXIN below, along with its price, financials, and company profile.
Stocks correlated with KXIN
Correlation of daily returns. Higher positive values move with KXIN; negative values move opposite it. Informational only, not investment advice.
Most correlated with KXIN
| Symbol | Company | Correlation |
|---|---|---|
| PFSI | PennyMac Financial Services, Inc. Common StockMORTGAGE BANKERS & LOAN CORRESPONDENTS | 0.52 |
| AGQ | ProShares Ultra SilverCOMMODITY CONTRACTS BROKERS & DEALERS | 0.49 |
| RITMpE | Rithm Capital Corp. 8.75% Series E Fixed-Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.45 |
| MOOD | Relative Sentiment Tactical Allocation ETF | 0.43 |
| SIVR | abrdn Physical Silver Shares ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 0.42 |
Most inversely correlated with KXIN
| Symbol | Company | Correlation |
|---|---|---|
| PHOE | Phoenix Asia Holdings Limited Ordinary Shares | -0.48 |
| ELPW | Elong Power Holding Limited Class A Ordinary Shares | -0.48 |
| VZ | Verizon CommunicationsTELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | -0.33 |
| VIVS | VivoSim Labs, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.32 |
| TPST | Tempest Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.32 |
Frequently asked questions about KXIN correlations
- Which stocks are most correlated with KXIN?
- Based on one year of daily returns, the stocks most correlated with Kaixin Holdings Ordinary Shares (KXIN) are PFSI (0.52), AGQ (0.49) and RITMpE (0.45). 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 KXIN?
- Over the past year, the stocks most inversely correlated with Kaixin Holdings Ordinary Shares (KXIN) are PHOE (-0.48), ELPW (-0.48) and VZ (-0.33). 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 KXIN correlations calculated?
- We compute the correlation of daily returns between KXIN 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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