Pixelworks Inc (PXLW) — Stock Correlations & Overview
Over the past year, PXLW has moved most closely with YDKG, LGO, ELBM. Explore the stocks most correlated and inversely correlated with PXLW below, along with its price, financials, and company profile.
Stocks correlated with PXLW
Correlation of daily returns. Higher positive values move with PXLW; negative values move opposite it. Informational only, not investment advice.
Most correlated with PXLW
| Symbol | Company | Correlation |
|---|---|---|
| YDKG | Yueda Digital Holding Class A Ordinary Share | 0.56 |
| LGO | Largo Inc. Common Shares | 0.49 |
| ELBM | Electra Battery Materials Corporation Common Stock | 0.47 |
| FHN | First Horizon CorporationNATIONAL COMMERCIAL BANKS | 0.37 |
| CRMLW | Critical Metals Corp. Warrants | 0.37 |
Most inversely correlated with PXLW
| Symbol | Company | Correlation |
|---|---|---|
| PFAI | Pinnacle Food Group Limited Class A Common Shares | -0.45 |
| COOT | Australian Oilseeds Holdings Limited Ordinary SharesFATS & OILS | -0.43 |
| OMER | Omeros CorporationPHARMACEUTICAL PREPARATIONS | -0.41 |
| GNPX | Genprex, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.27 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.26 |
Frequently asked questions about PXLW correlations
- Which stocks are most correlated with PXLW?
- Based on one year of daily returns, the stocks most correlated with Pixelworks Inc (PXLW) are YDKG (0.56), LGO (0.49) and ELBM (0.47). 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 PXLW?
- Over the past year, the stocks most inversely correlated with Pixelworks Inc (PXLW) are PFAI (-0.45), COOT (-0.43) and OMER (-0.41). 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 PXLW correlations calculated?
- We compute the correlation of daily returns between PXLW 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.