Which stocks are most correlated with MCGA?

Based on one year of daily returns, the stocks most correlated with Yorkville Acquisition Corp. Class A Ordinary Share (MCGA) are CNM (0.35), SUIG (0.29) and DUO (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 MCGA?

Over the past year, the stocks most inversely correlated with Yorkville Acquisition Corp. Class A Ordinary Share (MCGA) are CWD (-0.32), XCH (-0.27) and CCSB (-0.24). A negative correlation means the two stocks have tended to move in opposite directions.

Yorkville Acquisition Corp. Class A Ordinary Share (MCGA) — Stock Correlations & Overview

Over the past year, MCGA has moved most closely with CNM, SUIG, DUO. Explore the stocks most correlated and inversely correlated with MCGA below, along with its price, financials, and company profile.

Stocks correlated with MCGA

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

Most correlated with MCGA

Symbol	Company	Correlation
CNM	Core & Main, Inc.WHOLESALE-DURABLE GOODS, NEC	0.35
SUIG	Sui Group Holdings Limited Common StockFINANCE SERVICES	0.29
DUO	Fangdd Network Group Ltd. Class A Ordinary Shares	0.28
CBOO	Calamos Bitcoin Structured Alt Protection ETF - October	0.28
TVRD	Tvardi Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.26

Most inversely correlated with MCGA

Symbol	Company	Correlation
CWD	CaliberCos Inc. Class A Common StockREAL ESTATE	-0.32
XCH	XCHG Limited American Depositary Share	-0.27
CCSB	Carbon Collective Short Duration Green Bond ETF	-0.24
WOLF	Wolfspeed, Inc.SEMICONDUCTORS & RELATED DEVICES	-0.24
BENF	Beneficient Class A Common StockFINANCE SERVICES	-0.23

Frequently asked questions about MCGA correlations

Which stocks are most correlated with MCGA?: Based on one year of daily returns, the stocks most correlated with Yorkville Acquisition Corp. Class A Ordinary Share (MCGA) are CNM (0.35), SUIG (0.29) and DUO (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 MCGA?: Over the past year, the stocks most inversely correlated with Yorkville Acquisition Corp. Class A Ordinary Share (MCGA) are CWD (-0.32), XCH (-0.27) and CCSB (-0.24). 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 MCGA correlations calculated?: We compute the correlation of daily returns between MCGA 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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