Onfolio Holdings Inc. Common Stock (ONFO) — Stock Correlations & Overview
Over the past year, ONFO has moved most closely with MYSE, ACHV, PBM. Explore the stocks most correlated and inversely correlated with ONFO below, along with its price, financials, and company profile.
Stocks correlated with ONFO
Correlation of daily returns. Higher positive values move with ONFO; negative values move opposite it. Informational only, not investment advice.
Most correlated with ONFO
| Symbol | Company | Correlation |
|---|---|---|
| MYSE | Myseum.AI, Inc. Common StockTELEGRAPH & OTHER MESSAGE COMMUNICATIONS | 0.39 |
| ACHV | Achieve Life Sciences, Inc.IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | 0.34 |
| PBM | Psyence Biomedical Ltd. Common Shares | 0.33 |
| GRPN | Groupon, Inc.Common StockSERVICES-ADVERTISING AGENCIES | 0.31 |
| TNON | Tenon Medical, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.27 |
Most inversely correlated with ONFO
| Symbol | Company | Correlation |
|---|---|---|
| SENEA | Seneca Foods CorpCANNED, FRUITS, VEG, PRESERVES, JAMS & JELLIES | -0.28 |
| ETpI | Energy Transfer LP Series I Fixed Rate Perpetual Preferred UnitsNATURAL GAS TRANSMISSION | -0.24 |
| IIIN | Insteel Industries, Inc.STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS | -0.21 |
| MB | MasterBeef Group Ordinary Shares | -0.20 |
| LRHC | La Rosa Holding Corp. Common StockREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | -0.19 |
Frequently asked questions about ONFO correlations
- Which stocks are most correlated with ONFO?
- Based on one year of daily returns, the stocks most correlated with Onfolio Holdings Inc. Common Stock (ONFO) are MYSE (0.39), ACHV (0.34) and PBM (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 ONFO?
- Over the past year, the stocks most inversely correlated with Onfolio Holdings Inc. Common Stock (ONFO) are SENEA (-0.28), ETpI (-0.24) and IIIN (-0.21). 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 ONFO correlations calculated?
- We compute the correlation of daily returns between ONFO 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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