Intercont (Cayman) Limited Class A Ordinary shares (NCT) — Stock Correlations & Overview
Over the past year, NCT has moved most closely with RARE, APVO, CNTB. Explore the stocks most correlated and inversely correlated with NCT below, along with its price, financials, and company profile.
Stocks correlated with NCT
Correlation of daily returns. Higher positive values move with NCT; negative values move opposite it. Informational only, not investment advice.
Most correlated with NCT
| Symbol | Company | Correlation |
|---|---|---|
| RARE | Ultragenyx Pharmaceutical Inc.PHARMACEUTICAL PREPARATIONS | 0.52 |
| APVO | Aptevo Therapeutics IncPHARMACEUTICAL PREPARATIONS | 0.37 |
| CNTB | Connect Biopharma Holdings Limited Ordinary SharesPHARMACEUTICAL PREPARATIONS | 0.34 |
| ETD | Ethan Allen Interiors IncWOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED) | 0.34 |
| WFCpD | Wells Fargo & Company Depositary Shares, each representing a 1/1, 000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DDNATIONAL COMMERCIAL BANKS | 0.31 |
Most inversely correlated with NCT
| Symbol | Company | Correlation |
|---|---|---|
| CHPT | ChargePoint Holdings, Inc.MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | -0.47 |
| HCM | HUTCHMED (China) Limited American Depositary Shares | -0.35 |
| TANH | Tantech Holdings Ltd. Class A Common Shares | -0.35 |
| SPWR | SunPower Inc. Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS | -0.32 |
| DLTH | Duluth Holdings Inc. Class B Common StockRETAIL-APPAREL & ACCESSORY STORES | -0.30 |
Frequently asked questions about NCT correlations
- Which stocks are most correlated with NCT?
- Based on one year of daily returns, the stocks most correlated with Intercont (Cayman) Limited Class A Ordinary shares (NCT) are RARE (0.52), APVO (0.37) and CNTB (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 NCT?
- Over the past year, the stocks most inversely correlated with Intercont (Cayman) Limited Class A Ordinary shares (NCT) are CHPT (-0.47), HCM (-0.35) and TANH (-0.35). 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 NCT correlations calculated?
- We compute the correlation of daily returns between NCT 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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