Eightco Holdings Inc. Common Stock (ORBS) — Stock Correlations & Overview
Over the past year, ORBS has moved most closely with BMNR, BMNU, SATO. Explore the stocks most correlated and inversely correlated with ORBS below, along with its price, financials, and company profile.
Stocks correlated with ORBS
Correlation of daily returns. Higher positive values move with ORBS; negative values move opposite it. Informational only, not investment advice.
Most correlated with ORBS
| Symbol | Company | Correlation |
|---|---|---|
| BMNR | BitMine Immersion Technologies, Inc.FINANCE SERVICES | 0.45 |
| BMNU | T-REX 2X Long BMNR Daily Target ETF | 0.44 |
| SATO | Invesco Alerian Galaxy Crypto Economy ETFINVESTMENT ADVICE | 0.44 |
| SBET | Sharplink, Inc. Common StockFINANCE SERVICES | 0.43 |
| BTBT | Bit Digital, Inc. Ordinary SharesFINANCE SERVICES | 0.42 |
Frequently asked questions about ORBS correlations
- Which stocks are most correlated with ORBS?
- Based on one year of daily returns, the stocks most correlated with Eightco Holdings Inc. Common Stock (ORBS) are BMNR (0.45), BMNU (0.44) and SATO (0.44). 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 ORBS?
- Over the past year, the stocks most inversely correlated with Eightco Holdings Inc. Common Stock (ORBS) are SETH (-0.43), ETHD (-0.42) and SARK (-0.39). 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 ORBS correlations calculated?
- We compute the correlation of daily returns between ORBS 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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