Mega Matrix Inc. (MPU) — Stock Correlations & Overview
Over the past year, MPU has moved most closely with CHAI, DKNG, SACH. Explore the stocks most correlated and inversely correlated with MPU below, along with its price, financials, and company profile.
Stocks correlated with MPU
Correlation of daily returns. Higher positive values move with MPU; negative values move opposite it. Informational only, not investment advice.
Most correlated with MPU
| Symbol | Company | Correlation |
|---|---|---|
| CHAI | Core AI Holdings, Inc. Common Shares | 0.32 |
| DKNG | DraftKings Inc. Class A Common StockSERVICES-MISCELLANEOUS AMUSEMENT & RECREATION | 0.29 |
| SACH | Sachem Capital Corp. Common SharesREAL ESTATE INVESTMENT TRUSTS | 0.28 |
| BETZ | Roundhill Sports Betting & iGaming ETF | 0.28 |
| PAYO | Payoneer Global Inc. Common StockSERVICES-BUSINESS SERVICES, NEC | 0.27 |
Most inversely correlated with MPU
| Symbol | Company | Correlation |
|---|---|---|
| SRS | ProShares UltraShort Real Estate | -0.21 |
| SUNE | SUNation Energy, Inc. Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS | -0.20 |
| REK | ProShares Short Real Estate | -0.20 |
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.20 |
| DRV | Direxion Daily Real Estate Bear 3X ETF | -0.20 |
Frequently asked questions about MPU correlations
- Which stocks are most correlated with MPU?
- Based on one year of daily returns, the stocks most correlated with Mega Matrix Inc. (MPU) are CHAI (0.32), DKNG (0.29) and SACH (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 MPU?
- Over the past year, the stocks most inversely correlated with Mega Matrix Inc. (MPU) are SRS (-0.21), SUNE (-0.20) and REK (-0.20). 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 MPU correlations calculated?
- We compute the correlation of daily returns between MPU 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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