Which stocks are most correlated with RFIL?

Based on one year of daily returns, the stocks most correlated with RF Industries Ltd (RFIL) are DWAS (0.61), VFMO (0.59) and HYP (0.59). 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 RFIL?

Over the past year, the stocks most inversely correlated with RF Industries Ltd (RFIL) are TZA (-0.53), SRTY (-0.53) and SOXS (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.

RF Industries Ltd (RFIL) — Stock Correlations & Overview

Over the past year, RFIL has moved most closely with DWAS, VFMO, HYP. Explore the stocks most correlated and inversely correlated with RFIL below, along with its price, financials, and company profile.

Stocks correlated with RFIL

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

Most correlated with RFIL

Symbol	Company	Correlation
DWAS	Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright SmallCap Momentum ETFINVESTMENT ADVICE	0.61
VFMO	Vanguard U.S. Momentum Factor ETF	0.59
HYP	Golden Eagle Dynamic Hypergrowth ETF	0.59
OPTZ	Optimize Strategy Index ETF	0.57
JSML	Janus Detroit Street Trust Janus Henderson Small Cap Growth Alpha ETF	0.57

Most inversely correlated with RFIL

Symbol	Company	Correlation
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.53
SRTY	ProShares UltraPro Short Russell2000	-0.53
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.52
TWM	ProShares UltraShort Russell2000	-0.52
RWM	ProShares Short Russell2000	-0.52

Frequently asked questions about RFIL correlations

Which stocks are most correlated with RFIL?: Based on one year of daily returns, the stocks most correlated with RF Industries Ltd (RFIL) are DWAS (0.61), VFMO (0.59) and HYP (0.59). 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 RFIL?: Over the past year, the stocks most inversely correlated with RF Industries Ltd (RFIL) are TZA (-0.53), SRTY (-0.53) and SOXS (-0.52). 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 RFIL correlations calculated?: We compute the correlation of daily returns between RFIL 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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