Rekor Systems, Inc. Common Stock (REKR) — Stock Correlations & Overview
Over the past year, REKR has moved most closely with FINX, ARKW, ARKF. Explore the stocks most correlated and inversely correlated with REKR below, along with its price, financials, and company profile.
Stocks correlated with REKR
Correlation of daily returns. Higher positive values move with REKR; negative values move opposite it. Informational only, not investment advice.
Most correlated with REKR
| Symbol | Company | Correlation |
|---|---|---|
| FINX | Global X Funds Global X FinTech ETF | 0.53 |
| ARKW | ARK Next Generation Internet ETF | 0.52 |
| ARKF | ARK Blockchain & Fintech Innovation ETF | 0.52 |
| BUZZ | VanEck Social Sentiment ETF | 0.52 |
| WISE | Themes Generative Artificial Intelligence ETF | 0.52 |
Most inversely correlated with REKR
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.47 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | -0.46 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.45 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.44 |
| BERZ | MicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.43 |
Frequently asked questions about REKR correlations
- Which stocks are most correlated with REKR?
- Based on one year of daily returns, the stocks most correlated with Rekor Systems, Inc. Common Stock (REKR) are FINX (0.53), ARKW (0.52) and ARKF (0.52). 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 REKR?
- Over the past year, the stocks most inversely correlated with Rekor Systems, Inc. Common Stock (REKR) are SARK (-0.47), AIBD (-0.46) and WEBS (-0.45). 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 REKR correlations calculated?
- We compute the correlation of daily returns between REKR 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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