POMDOCTOR LIMITED American Depositary Shares (POM) — Stock Correlations & Overview
Over the past year, POM has moved most closely with WOK, LAKE, CHOW. Explore the stocks most correlated and inversely correlated with POM below, along with its price, financials, and company profile.
Stocks correlated with POM
Correlation of daily returns. Higher positive values move with POM; negative values move opposite it. Informational only, not investment advice.
Most correlated with POM
| Symbol | Company | Correlation |
|---|---|---|
| WOK | WORK Medical Technology Group LTD Class A Ordinary Shares | 0.62 |
| LAKE | Lakeland Industries IncORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | 0.53 |
| CHOW | ChowChow Cloud International Holdings Limited | 0.52 |
| ATPC | Agape ATP Corporation Common StockSERVICES-HEALTH SERVICES | 0.52 |
| FWRD | Forward Air CorpARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO | 0.39 |
Most inversely correlated with POM
| Symbol | Company | Correlation |
|---|---|---|
| BBGI | Beasley Broadcasting Group IncRADIO BROADCASTING STATIONS | -0.42 |
| AHT | Ashford Hospitality Trust, Inc.REAL ESTATE INVESTMENT TRUSTS | -0.41 |
| NXDR | Nextdoor Holdings, Inc.SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | -0.35 |
| BEAT | Heartbeam, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.34 |
| PLAB | Photronics IncSEMICONDUCTORS & RELATED DEVICES | -0.32 |
Frequently asked questions about POM correlations
- Which stocks are most correlated with POM?
- Based on one year of daily returns, the stocks most correlated with POMDOCTOR LIMITED American Depositary Shares (POM) are WOK (0.62), LAKE (0.53) and CHOW (0.52). 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 POM?
- Over the past year, the stocks most inversely correlated with POMDOCTOR LIMITED American Depositary Shares (POM) are BBGI (-0.42), AHT (-0.41) and NXDR (-0.35). 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 POM correlations calculated?
- We compute the correlation of daily returns between POM 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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