Linkers Industries Limited Class A Ordinary Shares (LNKS) — Stock Correlations & Overview
Over the past year, LNKS has moved most closely with HKIT, VALN, RDGT. Explore the stocks most correlated and inversely correlated with LNKS below, along with its price, financials, and company profile.
Stocks correlated with LNKS
Correlation of daily returns. Higher positive values move with LNKS; negative values move opposite it. Informational only, not investment advice.
Most correlated with LNKS
| Symbol | Company | Correlation |
|---|---|---|
| HKIT | Hitek Global Inc. Class A Ordinary Share | 0.46 |
| VALN | Valneva SE American Depositary Shares | 0.44 |
| RDGT | Ridgetech, Inc. Ordinary Shares | 0.28 |
| BIPC | Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares | 0.26 |
| HTFC | Horizon Technology Finance Corporation 6.25% Notes due 2027 | 0.26 |
Most inversely correlated with LNKS
| Symbol | Company | Correlation |
|---|---|---|
| PTLE | PTL LTD Class A Ordinary Shares | -0.31 |
| GABpG | The Gabelli Equity Trust Inc. Series G Cumulative Preferred | -0.25 |
| QNTM | Quantum Biopharma Ltd. Class B Subordinate Voting Shares | -0.25 |
| AAPG | Ascentage Pharma Group International American Depository Shares | -0.25 |
| FC | Franklin Covey CompanySERVICES-MANAGEMENT SERVICES | -0.24 |
Frequently asked questions about LNKS correlations
- Which stocks are most correlated with LNKS?
- Based on one year of daily returns, the stocks most correlated with Linkers Industries Limited Class A Ordinary Shares (LNKS) are HKIT (0.46), VALN (0.44) and RDGT (0.28). 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 LNKS?
- Over the past year, the stocks most inversely correlated with Linkers Industries Limited Class A Ordinary Shares (LNKS) are PTLE (-0.31), GABpG (-0.25) and QNTM (-0.25). 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 LNKS correlations calculated?
- We compute the correlation of daily returns between LNKS 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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