Range Capital Acquisition Corp. Rights (RANGR) — Stock Correlations & Overview
Over the past year, RANGR has moved most closely with QURE, SHFS, LAC. Explore the stocks most correlated and inversely correlated with RANGR below, along with its price, financials, and company profile.
Stocks correlated with RANGR
Correlation of daily returns. Higher positive values move with RANGR; negative values move opposite it. Informational only, not investment advice.
Most correlated with RANGR
| Symbol | Company | Correlation |
|---|---|---|
| QURE | uniQure N.V.PHARMACEUTICAL PREPARATIONS | 0.36 |
| SHFS | SHF Holdings, Inc. Class A Common StockFINANCE SERVICES | 0.34 |
| LAC | Lithium Americas Corp.METAL MINING | 0.31 |
| VNTG | Vantage Corp | 0.26 |
| PSHG | Performance Shipping Inc. Common Shares | 0.25 |
Most inversely correlated with RANGR
| Symbol | Company | Correlation |
|---|---|---|
| LIBD | LifeX 2065 Inflation-Protected Longevity Income ETF | -0.39 |
| LFAI | LifeX 2050 Longevity Income ETF | -0.37 |
| LIAE | LifeX 2050 Inflation-Protected Longevity Income ETF | -0.34 |
| LIAU | LifeX 2060 Inflation-Protected Longevity Income ETF | -0.34 |
| LFAO | LifeX 2055 Longevity Income ETF | -0.30 |
Frequently asked questions about RANGR correlations
- Which stocks are most correlated with RANGR?
- Based on one year of daily returns, the stocks most correlated with Range Capital Acquisition Corp. Rights (RANGR) are QURE (0.36), SHFS (0.34) and LAC (0.31). 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 RANGR?
- Over the past year, the stocks most inversely correlated with Range Capital Acquisition Corp. Rights (RANGR) are LIBD (-0.39), LFAI (-0.37) and LIAE (-0.34). 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 RANGR correlations calculated?
- We compute the correlation of daily returns between RANGR 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.