OneConstruction Group Limited Ordinary Shares (ONEG) — Stock Correlations & Overview
Over the past year, ONEG has moved most closely with ENGN, TRDA, GDC. Explore the stocks most correlated and inversely correlated with ONEG below, along with its price, financials, and company profile.
Stocks correlated with ONEG
Correlation of daily returns. Higher positive values move with ONEG; negative values move opposite it. Informational only, not investment advice.
Most correlated with ONEG
| Symbol | Company | Correlation |
|---|---|---|
| ENGN | enGene Therapeutics Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.59 |
| TRDA | Entrada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.51 |
| GDC | GD Culture Group Limited Common StockWHOLESALE-METALS & MINERALS (NO PETROLEUM) | 0.51 |
| PLNT | Planet Fitness, Inc.SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS | 0.46 |
| ZTS | ZOETIS INC.PHARMACEUTICAL PREPARATIONS | 0.44 |
Most inversely correlated with ONEG
| Symbol | Company | Correlation |
|---|---|---|
| APT | Alpha Pro Tech, Ltd.ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | -0.44 |
| ATRA | Atara Biotherapeutics, IncBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.34 |
| HRB | H&R Block, Inc.SERVICES-PERSONAL SERVICES | -0.32 |
| AGL | agilon health, inc.SERVICES-MISC HEALTH & ALLIED SERVICES, NEC | -0.30 |
| COLD | Americold Realty Trust, Inc.REAL ESTATE INVESTMENT TRUSTS | -0.29 |
Frequently asked questions about ONEG correlations
- Which stocks are most correlated with ONEG?
- Based on one year of daily returns, the stocks most correlated with OneConstruction Group Limited Ordinary Shares (ONEG) are ENGN (0.59), TRDA (0.51) and GDC (0.51). 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 ONEG?
- Over the past year, the stocks most inversely correlated with OneConstruction Group Limited Ordinary Shares (ONEG) are APT (-0.44), ATRA (-0.34) and HRB (-0.32). 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 ONEG correlations calculated?
- We compute the correlation of daily returns between ONEG 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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