Nvni Group Limited Ordinary Shares (NVNI) — Stock Correlations & Overview
Over the past year, NVNI has moved most closely with MSGY, UFG, MEME. Explore the stocks most correlated and inversely correlated with NVNI below, along with its price, financials, and company profile.
Stocks correlated with NVNI
Correlation of daily returns. Higher positive values move with NVNI; negative values move opposite it. Informational only, not investment advice.
Most correlated with NVNI
| Symbol | Company | Correlation |
|---|---|---|
| MSGY | Masonglory Limited Ordinary Shares | 0.39 |
| UFG | Uni-Fuels Holdings Limited Class A Ordinary Shares | 0.34 |
| MEME | Roundhill Meme Stock ETF | 0.33 |
| DLXY | Delixy Holdings Limited Class A Ordinary Shares | 0.31 |
| LODE | Comstock Inc.INDUSTRIAL ORGANIC CHEMICALS | 0.31 |
Most inversely correlated with NVNI
| Symbol | Company | Correlation |
|---|---|---|
| RFAIR | RF Acquisition Corp II RightBLANK CHECKS | -0.33 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.29 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.29 |
| BNAIW | Brand Engagement Network Inc. WarrantSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | -0.26 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.23 |
Frequently asked questions about NVNI correlations
- Which stocks are most correlated with NVNI?
- Based on one year of daily returns, the stocks most correlated with Nvni Group Limited Ordinary Shares (NVNI) are MSGY (0.39), UFG (0.34) and MEME (0.33). 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 NVNI?
- Over the past year, the stocks most inversely correlated with Nvni Group Limited Ordinary Shares (NVNI) are RFAIR (-0.33), RGTZ (-0.29) and QBTZ (-0.29). 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 NVNI correlations calculated?
- We compute the correlation of daily returns between NVNI 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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