Pineapple Financial Inc. (PAPL) — Stock Correlations & Overview
Over the past year, PAPL has moved most closely with ACON, DUO, RDHL. Explore the stocks most correlated and inversely correlated with PAPL below, along with its price, financials, and company profile.
Stocks correlated with PAPL
Correlation of daily returns. Higher positive values move with PAPL; negative values move opposite it. Informational only, not investment advice.
Most correlated with PAPL
| Symbol | Company | Correlation |
|---|---|---|
| ACON | Aclarion, Inc. Common StockSERVICES-MEDICAL LABORATORIES | 0.34 |
| DUO | Fangdd Network Group Ltd. Class A Ordinary Shares | 0.31 |
| RDHL | Redhill Biopharma Ltd. | 0.26 |
| URI | United Rentals, Inc.SERVICES-EQUIPMENT RENTAL & LEASING, NEC | 0.26 |
| CHDN | Churchill Downs IncSERVICES-RACING, INCLUDING TRACK OPERATION | 0.25 |
Most inversely correlated with PAPL
| Symbol | Company | Correlation |
|---|---|---|
| CMPX | Compass Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.28 |
| ELME | Elme CommunitiesREAL ESTATE INVESTMENT TRUSTS | -0.27 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.20 |
| BRIA | BrilliA Inc | -0.20 |
| CCSB | Carbon Collective Short Duration Green Bond ETF | -0.19 |
Frequently asked questions about PAPL correlations
- Which stocks are most correlated with PAPL?
- Based on one year of daily returns, the stocks most correlated with Pineapple Financial Inc. (PAPL) are ACON (0.34), DUO (0.31) and RDHL (0.26). 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 PAPL?
- Over the past year, the stocks most inversely correlated with Pineapple Financial Inc. (PAPL) are CMPX (-0.28), ELME (-0.27) and CARD (-0.20). 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 PAPL correlations calculated?
- We compute the correlation of daily returns between PAPL 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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