Yorkville Acquisition Corp. Warrant (MCGAW) — Stock Correlations & Overview
Over the past year, MCGAW has moved most closely with CLSX, UPXI, SYPR. Explore the stocks most correlated and inversely correlated with MCGAW below, along with its price, financials, and company profile.
Stocks correlated with MCGAW
Correlation of daily returns. Higher positive values move with MCGAW; negative values move opposite it. Informational only, not investment advice.
Most correlated with MCGAW
| Symbol | Company | Correlation |
|---|---|---|
| CLSX | Tradr 2X Long CLSK Daily ETF | 0.27 |
| UPXI | Upexi, Inc. Common StockFINANCE SERVICES | 0.26 |
| SYPR | Sypris Solutions IncINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.26 |
| CLSK | CLEANSPARK INCFINANCE SERVICES | 0.26 |
| EVLV | Evolv Technologies Holdings, Inc. Class A Common StockCOMPUTER PERIPHERAL EQUIPMENT, NEC | 0.25 |
Most inversely correlated with MCGAW
| Symbol | Company | Correlation |
|---|---|---|
| EVAC | EQV Ventures Acquisition Corp. IIBLANK CHECKS | -0.24 |
| FIAT | YieldMax Short COIN Option Income Strategy ETF | -0.21 |
| RADX | Radiopharm Theranostics Limited American Depositary Shares | -0.21 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.21 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.21 |
Frequently asked questions about MCGAW correlations
- Which stocks are most correlated with MCGAW?
- Based on one year of daily returns, the stocks most correlated with Yorkville Acquisition Corp. Warrant (MCGAW) are CLSX (0.27), UPXI (0.26) and SYPR (0.26). 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 MCGAW?
- Over the past year, the stocks most inversely correlated with Yorkville Acquisition Corp. Warrant (MCGAW) are EVAC (-0.24), FIAT (-0.21) and RADX (-0.21). 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 MCGAW correlations calculated?
- We compute the correlation of daily returns between MCGAW 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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