Which stocks are most correlated with QFIN?

Based on one year of daily returns, the stocks most correlated with Qfin Holdings, Inc. American Depositary Shares (QFIN) are FINV (0.63), LX (0.60) and LU (0.44). 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 QFIN?

Over the past year, the stocks most inversely correlated with Qfin Holdings, Inc. American Depositary Shares (QFIN) are FLYD (-0.38), SARK (-0.32) and VRRM (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

Qfin Holdings, Inc. American Depositary Shares (QFIN) — Stock Correlations & Overview

Over the past year, QFIN has moved most closely with FINV, LX, LU. Explore the stocks most correlated and inversely correlated with QFIN below, along with its price, financials, and company profile.

Stocks correlated with QFIN

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

Most correlated with QFIN

Symbol	Company	Correlation
FINV	FinVolution Group American depositary shares, each representing five Class A ordinary shares	0.63
LX	LexinFintech Holdings Ltd. American Depositary Shares	0.60
LU	Lufax Holding Ltd. American Depositary Shares, each representing two (2) Ordinary Shares	0.44
PGJ	Invesco Golden Dragon China ETF	0.42
DWLD	Davis Select Worldwide ETF	0.41

Most inversely correlated with QFIN

Symbol	Company	Correlation
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.38
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.32
VRRM	Verra Mobility Corporation Class A Common StockTRANSPORTATION SERVICES	-0.31
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.29
SRTY	ProShares UltraPro Short Russell2000	-0.29

Frequently asked questions about QFIN correlations

Which stocks are most correlated with QFIN?: Based on one year of daily returns, the stocks most correlated with Qfin Holdings, Inc. American Depositary Shares (QFIN) are FINV (0.63), LX (0.60) and LU (0.44). 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 QFIN?: Over the past year, the stocks most inversely correlated with Qfin Holdings, Inc. American Depositary Shares (QFIN) are FLYD (-0.38), SARK (-0.32) and VRRM (-0.31). 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 QFIN correlations calculated?: We compute the correlation of daily returns between QFIN 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.