LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing twelve ordinary shares (LITB) — Stock Correlations & Overview
Over the past year, LITB has moved most closely with CHMIpA, CNM, MSAI. Explore the stocks most correlated and inversely correlated with LITB below, along with its price, financials, and company profile.
Stocks correlated with LITB
Correlation of daily returns. Higher positive values move with LITB; negative values move opposite it. Informational only, not investment advice.
Most correlated with LITB
| Symbol | Company | Correlation |
|---|---|---|
| CHMIpA | Cherry Hill Mortgage Investment Corporation 8.20% Series A Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.24 |
| CNM | Core & Main, Inc.WHOLESALE-DURABLE GOODS, NEC | 0.24 |
| MSAI | MultiSensor AI Holdings, Inc. Common StockOPTICAL INSTRUMENTS & LENSES | 0.23 |
| THH | TryHard Holdings Limited Ordinary Shares | 0.23 |
| NVA | Nova Minerals Corp | 0.23 |
Most inversely correlated with LITB
| Symbol | Company | Correlation |
|---|---|---|
| EUDA | EUDA Health Holdings Limited Ordinary SharesSERVICES-HEALTH SERVICES | -0.20 |
| RYDE | Ryde Group Ltd. | -0.19 |
| UUP | Invesco DB US Dollar Index Bullish FundCOMMODITY CONTRACTS BROKERS & DEALERS | -0.18 |
| CNTB | Connect Biopharma Holdings Limited Ordinary SharesPHARMACEUTICAL PREPARATIONS | -0.18 |
| KNSA | Kiniksa Pharmaceuticals International, plc Class A Ordinary SharesPHARMACEUTICAL PREPARATIONS | -0.17 |
Frequently asked questions about LITB correlations
- Which stocks are most correlated with LITB?
- Based on one year of daily returns, the stocks most correlated with LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing twelve ordinary shares (LITB) are CHMIpA (0.24), CNM (0.24) and MSAI (0.23). 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 LITB?
- Over the past year, the stocks most inversely correlated with LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing twelve ordinary shares (LITB) are EUDA (-0.20), RYDE (-0.19) and UUP (-0.18). 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 LITB correlations calculated?
- We compute the correlation of daily returns between LITB 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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