Network-1 Technologies, Inc. (NTIP) — Stock Correlations & Overview
Over the past year, NTIP has moved most closely with GROW, LIVE, NE. Explore the stocks most correlated and inversely correlated with NTIP below, along with its price, financials, and company profile.
Stocks correlated with NTIP
Correlation of daily returns. Higher positive values move with NTIP; negative values move opposite it. Informational only, not investment advice.
Most correlated with NTIP
| Symbol | Company | Correlation |
|---|---|---|
| GROW | US Global Investors IncINVESTMENT ADVICE | 0.25 |
| LIVE | Live Ventures IncRETAIL-MISCELLANEOUS RETAIL | 0.24 |
| NE | Noble Corporation plcDRILLING OIL & GAS WELLS | 0.23 |
| ENB | Enbridge, IncPIPE LINES (NO NATURAL GAS) | 0.23 |
| BFSpE | Saul Centers, Inc. Depositary Shares, each representing 1/100th of a share of 6.000% Series E Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.22 |
Most inversely correlated with NTIP
| Symbol | Company | Correlation |
|---|---|---|
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | -0.26 |
| GLOPpB | GasLog Partners LP 8.200% Series B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units | -0.25 |
| PRIFpL | Priority Income Fund, Inc. 6.375% Series L Term Preferred Stock Due 2029 | -0.23 |
| ZVOL | Volatility Premium Plus ETF | -0.22 |
| BANX | ArrowMark Financial Corp. Common Stock | -0.21 |
Frequently asked questions about NTIP correlations
- Which stocks are most correlated with NTIP?
- Based on one year of daily returns, the stocks most correlated with Network-1 Technologies, Inc. (NTIP) are GROW (0.25), LIVE (0.24) and NE (0.23). 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 NTIP?
- Over the past year, the stocks most inversely correlated with Network-1 Technologies, Inc. (NTIP) are RISR (-0.26), GLOPpB (-0.25) and PRIFpL (-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 NTIP correlations calculated?
- We compute the correlation of daily returns between NTIP 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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