MKDWELL Tech Inc. Ordinary Share (MKDW) — Stock Correlations & Overview
Over the past year, MKDW has moved most closely with BUR, LTRN, EEIQ. Explore the stocks most correlated and inversely correlated with MKDW below, along with its price, financials, and company profile.
Stocks correlated with MKDW
Correlation of daily returns. Higher positive values move with MKDW; negative values move opposite it. Informational only, not investment advice.
Most correlated with MKDW
| Symbol | Company | Correlation |
|---|---|---|
| BUR | Burford Capital LimitedFINANCE SERVICES | 0.35 |
| LTRN | Lantern Pharma Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.34 |
| EEIQ | EpicQuest Education Group International Limited Common Stock | 0.34 |
| RSF | RiverNorth Capital and Income Fund, Inc. | 0.34 |
| SRPT | Sarepta Therapeutics,, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.33 |
Most inversely correlated with MKDW
| Symbol | Company | Correlation |
|---|---|---|
| ARTL | Artelo Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.36 |
| ADMA | ADMA Biologics, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.28 |
| TWOpC | Two Harbors Investment Corp 7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.25 |
| ILS | Brookmont Catastrophic Bond ETF | -0.25 |
| TASK | TaskUs, Inc. Class A Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.24 |
Frequently asked questions about MKDW correlations
- Which stocks are most correlated with MKDW?
- Based on one year of daily returns, the stocks most correlated with MKDWELL Tech Inc. Ordinary Share (MKDW) are BUR (0.35), LTRN (0.34) and EEIQ (0.34). 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 MKDW?
- Over the past year, the stocks most inversely correlated with MKDWELL Tech Inc. Ordinary Share (MKDW) are ARTL (-0.36), ADMA (-0.28) and TWOpC (-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 MKDW correlations calculated?
- We compute the correlation of daily returns between MKDW 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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