Polibeli Group Ltd Class A Ordinary Shares (PLBL) — Stock Correlations & Overview
Over the past year, PLBL has moved most closely with MERC, KNF, CINF. Explore the stocks most correlated and inversely correlated with PLBL below, along with its price, financials, and company profile.
Stocks correlated with PLBL
Correlation of daily returns. Higher positive values move with PLBL; negative values move opposite it. Informational only, not investment advice.
Most correlated with PLBL
| Symbol | Company | Correlation |
|---|---|---|
| MERC | Mercer International IncPULP MILLS | 0.25 |
| KNF | Knife River CorporationMINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) | 0.25 |
| CINF | Cincinnati Financial CorpFIRE, MARINE & CASUALTY INSURANCE | 0.24 |
| KEP | Korea Electric Power Corp | 0.23 |
| MGF | Aberdeen Government Markets Income Fund | 0.23 |
Most inversely correlated with PLBL
| Symbol | Company | Correlation |
|---|---|---|
| CVI | CVR ENERGY, INC.PETROLEUM REFINING | -0.30 |
| PBF | PBF ENERGY INC.PETROLEUM REFINING | -0.25 |
| CRC | California Resources CorporationCRUDE PETROLEUM & NATURAL GAS | -0.22 |
| SJT | San Juan Basin Royalty Trust UBIOIL ROYALTY TRADERS | -0.21 |
| MPC | MARATHON PETROLEUM CORPORATIONPETROLEUM REFINING | -0.21 |
Frequently asked questions about PLBL correlations
- Which stocks are most correlated with PLBL?
- Based on one year of daily returns, the stocks most correlated with Polibeli Group Ltd Class A Ordinary Shares (PLBL) are MERC (0.25), KNF (0.25) and CINF (0.24). 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 PLBL?
- Over the past year, the stocks most inversely correlated with Polibeli Group Ltd Class A Ordinary Shares (PLBL) are CVI (-0.30), PBF (-0.25) and CRC (-0.22). 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 PLBL correlations calculated?
- We compute the correlation of daily returns between PLBL 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.