NET Power Inc. (NPWR) — Stock Correlations & Overview
Over the past year, NPWR has moved most closely with NPWR.WS, KDEC, UWM. Explore the stocks most correlated and inversely correlated with NPWR below, along with its price, financials, and company profile.
Stocks correlated with NPWR
Correlation of daily returns. Higher positive values move with NPWR; negative values move opposite it. Informational only, not investment advice.
Most correlated with NPWR
| Symbol | Company | Correlation |
|---|---|---|
| NPWR.WS | NET Power Inc. Redeemable warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50ELECTRICAL INDUSTRIAL APPARATUS | 0.51 |
| KDEC | Innovator U.S. Small Cap Power Buffer ETF - December | 0.50 |
| UWM | ProShares Ultra Russell2000 | 0.49 |
| IWC | iShares Micro-Cap ETF | 0.49 |
| IWO | iShares Russell 2000 Growth ETF | 0.49 |
Frequently asked questions about NPWR correlations
- Which stocks are most correlated with NPWR?
- Based on one year of daily returns, the stocks most correlated with NET Power Inc. (NPWR) are NPWR.WS (0.51), KDEC (0.50) and UWM (0.49). 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 NPWR?
- Over the past year, the stocks most inversely correlated with NET Power Inc. (NPWR) are SRTY (-0.49), TZA (-0.49) and TWM (-0.48). 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 NPWR correlations calculated?
- We compute the correlation of daily returns between NPWR 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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