Rectitude Holdings Ltd Ordinary Shares (RECT) — Stock Correlations & Overview
Over the past year, RECT has moved most closely with RMSG, CTNT, RCT. Explore the stocks most correlated and inversely correlated with RECT below, along with its price, financials, and company profile.
Stocks correlated with RECT
Correlation of daily returns. Higher positive values move with RECT; negative values move opposite it. Informational only, not investment advice.
Most correlated with RECT
| Symbol | Company | Correlation |
|---|---|---|
| RMSG | Real Messenger Corporation Ordinary Shares | 0.42 |
| CTNT | Cheetah Net Supply Chain Service Inc. Class A Common StockWHOLESALE-MOTOR VEHICLES & MOTOR VEHICLE PARTS & SUPPLIES | 0.32 |
| RCT | RedCloud Holdings plc Ordinary Shares | 0.30 |
| RVMD | Revolution Medicines, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.30 |
| HHS | Harte-Hanks, Inc. Common StockSERVICES-DIRECT MAIL ADVERTISING SERVICES | 0.25 |
Most inversely correlated with RECT
| Symbol | Company | Correlation |
|---|---|---|
| REPL | Replimune Group, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.38 |
| BRBS | Blue Ridge Bankshares, Inc.STATE COMMERCIAL BANKS | -0.38 |
| BIRD | Smartbird, Inc. Class A Common StockAPPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL | -0.32 |
| PLCE | Children's Place, Inc.RETAIL-FAMILY CLOTHING STORES | -0.23 |
| KEN | KENON HOLDINGS LTD. | -0.21 |
Frequently asked questions about RECT correlations
- Which stocks are most correlated with RECT?
- Based on one year of daily returns, the stocks most correlated with Rectitude Holdings Ltd Ordinary Shares (RECT) are RMSG (0.42), CTNT (0.32) and RCT (0.30). 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 RECT?
- Over the past year, the stocks most inversely correlated with Rectitude Holdings Ltd Ordinary Shares (RECT) are REPL (-0.38), BRBS (-0.38) and BIRD (-0.32). 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 RECT correlations calculated?
- We compute the correlation of daily returns between RECT 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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