Which stocks are most correlated with LICN?

Based on one year of daily returns, the stocks most correlated with Lichen China Limited Class A Ordinary Shares (LICN) are HLP (0.30), PBTP (0.27) and SEIX (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 LICN?

Over the past year, the stocks most inversely correlated with Lichen China Limited Class A Ordinary Shares (LICN) are HCWB (-0.29), GOVX (-0.24) and GETY (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

Lichen China Limited Class A Ordinary Shares (LICN) — Stock Correlations & Overview

Over the past year, LICN has moved most closely with HLP, PBTP, SEIX. Explore the stocks most correlated and inversely correlated with LICN below, along with its price, financials, and company profile.

Stocks correlated with LICN

Correlation of daily returns. Higher positive values move with LICN; negative values move opposite it. Informational only, not investment advice.

Most correlated with LICN

Symbol	Company	Correlation
HLP	Hongli Group Inc. Class A Ordinary Shares	0.30
PBTP	Invesco 0-5 Yr US TIPS ETFINVESTMENT ADVICE	0.27
SEIX	Virtus SEIX Senior Loan ETF	0.24
OXSQ	Oxford Square Capital Corp.	0.23
ZVOL	Volatility Premium Plus ETF	0.23

Most inversely correlated with LICN

Symbol	Company	Correlation
HCWB	HCW Biologics Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.29
GOVX	GeoVax Labs, Inc. NewPHARMACEUTICAL PREPARATIONS	-0.24
GETY	Getty Images Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC	-0.23
MTVA	MetaVia Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.23
TJX	TJX Companies, Inc. (The)RETAIL-FAMILY CLOTHING STORES	-0.22

Frequently asked questions about LICN correlations

Which stocks are most correlated with LICN?: Based on one year of daily returns, the stocks most correlated with Lichen China Limited Class A Ordinary Shares (LICN) are HLP (0.30), PBTP (0.27) and SEIX (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 LICN?: Over the past year, the stocks most inversely correlated with Lichen China Limited Class A Ordinary Shares (LICN) are HCWB (-0.29), GOVX (-0.24) and GETY (-0.23). 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 LICN correlations calculated?: We compute the correlation of daily returns between LICN 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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