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 UFG (0.35), CABR (0.34) and IEP (0.32). 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 DZZ (-0.30), ZBIO (-0.25) and RLMD (-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 UFG, CABR, IEP. 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
UFG	Uni-Fuels Holdings Limited Class A Ordinary Shares	0.35
CABR	Caring Brands, Inc. Common StockPERFUMES, COSMETICS & OTHER TOILET PREPARATIONS	0.34
IEP	Icahn Enterprises L.PPETROLEUM REFINING	0.32
GAM	General American Investors Company, Inc.	0.30
CBTO	Calamos Bitcoin 80 Series Structured Alt Protection ETF - October	0.30

Most inversely correlated with MCGA

Symbol	Company	Correlation
DZZ	DB Gold Double Short ETN due February 15, 2038	-0.30
ZBIO	Zenas BioPharma, Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.25
RLMD	Relmada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.24
SION	Sionna Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.24
TENX	Tenax Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS	-0.21

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 UFG (0.35), CABR (0.34) and IEP (0.32). 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 DZZ (-0.30), ZBIO (-0.25) and RLMD (-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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