Which stocks are most correlated with PRE?

Based on one year of daily returns, the stocks most correlated with Prenetics Global Limited Class A Ordinary Share (PRE) are AMPX (0.33), HYP (0.32) and TMAT (0.32). 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 PRE?

Over the past year, the stocks most inversely correlated with Prenetics Global Limited Class A Ordinary Share (PRE) are HIBS (-0.30), SARK (-0.29) and RGTZ (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

Prenetics Global Limited Class A Ordinary Share (PRE) — Stock Correlations & Overview

Over the past year, PRE has moved most closely with AMPX, HYP, TMAT. Explore the stocks most correlated and inversely correlated with PRE below, along with its price, financials, and company profile.

Stocks correlated with PRE

Correlation of daily returns. Higher positive values move with PRE; negative values move opposite it. Informational only, not investment advice.

Most correlated with PRE

Symbol	Company	Correlation
AMPX	Amprius Technologies, Inc.MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES	0.33
HYP	Golden Eagle Dynamic Hypergrowth ETF	0.32
TMAT	Main Thematic Innovation ETF	0.32
NVTX	Tradr 2X Long NVTS Daily ETF	0.32
PBW	Invesco WilderHill Clean Energy ETF	0.32

Most inversely correlated with PRE

Symbol	Company	Correlation
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.30
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.29
RGTZ	Defiance Daily Target 2x Short RGTI ETF	-0.28
IONZ	Defiance Daily Target 2x Short IONQ ETF	-0.27
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.27

Frequently asked questions about PRE correlations

Which stocks are most correlated with PRE?: Based on one year of daily returns, the stocks most correlated with Prenetics Global Limited Class A Ordinary Share (PRE) are AMPX (0.33), HYP (0.32) and TMAT (0.32). 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 PRE?: Over the past year, the stocks most inversely correlated with Prenetics Global Limited Class A Ordinary Share (PRE) are HIBS (-0.30), SARK (-0.29) and RGTZ (-0.28). 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 PRE correlations calculated?: We compute the correlation of daily returns between PRE 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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