Nortech Systems Inc (NSYS) — Stock Correlations & Overview
Over the past year, NSYS has moved most closely with KRRO, SPIT, VSH. Explore the stocks most correlated and inversely correlated with NSYS below, along with its price, financials, and company profile.
Stocks correlated with NSYS
Correlation of daily returns. Higher positive values move with NSYS; negative values move opposite it. Informational only, not investment advice.
Most correlated with NSYS
| Symbol | Company | Correlation |
|---|---|---|
| KRRO | Korro Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.36 |
| SPIT | F/m Emerald Special Situations ETF | 0.35 |
| VSH | Vishay Intertechnology, Inc.ELECTRONIC COMPONENTS & ACCESSORIES | 0.31 |
| COHR | Coherent Corp.OPTICAL INSTRUMENTS & LENSES | 0.30 |
| KN | KNOWLES CORPORATIONHOUSEHOLD AUDIO & VIDEO EQUIPMENT | 0.30 |
Most inversely correlated with NSYS
| Symbol | Company | Correlation |
|---|---|---|
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -0.27 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.23 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.23 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.23 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | -0.23 |
Frequently asked questions about NSYS correlations
- Which stocks are most correlated with NSYS?
- Based on one year of daily returns, the stocks most correlated with Nortech Systems Inc (NSYS) are KRRO (0.36), SPIT (0.35) and VSH (0.31). 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 NSYS?
- Over the past year, the stocks most inversely correlated with Nortech Systems Inc (NSYS) are BTAL (-0.27), TSXD (-0.23) and TZA (-0.23). 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 NSYS correlations calculated?
- We compute the correlation of daily returns between NSYS 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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