Netcapital Inc. Common Stock (NCPL) — Stock Correlations & Overview
Over the past year, NCPL has moved most closely with AIXI, METpA, LGHL. Explore the stocks most correlated and inversely correlated with NCPL below, along with its price, financials, and company profile.
Stocks correlated with NCPL
Correlation of daily returns. Higher positive values move with NCPL; negative values move opposite it. Informational only, not investment advice.
Most correlated with NCPL
| Symbol | Company | Correlation |
|---|---|---|
| AIXI | XIAO-I Corporation American Depositary Shares | 0.29 |
| METpA | Metlife, Inc. Floating Rate Non Cuml Series ALIFE INSURANCE | 0.28 |
| LGHL | Lion Group Holding Ltd. American Depositary Share | 0.28 |
| VIOT | Viomi Technology Co., Ltd American Depositary Shares | 0.28 |
| METCB | Ramaco Resources, Inc. Class B Common StockBITUMINOUS COAL & LIGNITE MINING | 0.28 |
Most inversely correlated with NCPL
| Symbol | Company | Correlation |
|---|---|---|
| TWG | Top Wealth Group Holding Limited Class A Ordinary Shares | -0.35 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.26 |
| DKS | Dick's Sporting Goods, Inc.RETAIL-MISCELLANEOUS SHOPPING GOODS STORES | -0.25 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.23 |
| OOMA | Ooma, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.22 |
Frequently asked questions about NCPL correlations
- Which stocks are most correlated with NCPL?
- Based on one year of daily returns, the stocks most correlated with Netcapital Inc. Common Stock (NCPL) are AIXI (0.29), METpA (0.28) and LGHL (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 NCPL?
- Over the past year, the stocks most inversely correlated with Netcapital Inc. Common Stock (NCPL) are TWG (-0.35), RGTZ (-0.26) and DKS (-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 NCPL correlations calculated?
- We compute the correlation of daily returns between NCPL 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.