Which stocks are most correlated with RTAC?

Based on one year of daily returns, the stocks most correlated with Renatus Tactical Acquisition Corp I Class A Ordinary Shares (RTAC) are RTACU (0.62), MVFG (0.47) and SIMS (0.45). 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 RTAC?

Over the past year, the stocks most inversely correlated with Renatus Tactical Acquisition Corp I Class A Ordinary Shares (RTAC) are SH (-0.39), SDS (-0.39) and SPXU (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.

Renatus Tactical Acquisition Corp I Class A Ordinary Shares (RTAC) — Stock Correlations & Overview

Over the past year, RTAC has moved most closely with RTACU, MVFG, SIMS. Explore the stocks most correlated and inversely correlated with RTAC below, along with its price, financials, and company profile.

Stocks correlated with RTAC

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

Most correlated with RTAC

Symbol	Company	Correlation
RTACU	Renatus Tactical Acquisition Corp I UnitBLANK CHECKS	0.62
MVFG	Monarch Volume Factor Global Unconstrained Index ETF	0.47
SIMS	State Street SPDR S&P Kensho Intelligent Structures ETF	0.45
CPRY	Calamos Russell 2000 Structured Alt Protection ETF - January	0.43
SQMX	FT Vest U.S. Equity Quarterly Max Buffer ETF	0.43

Most inversely correlated with RTAC

Symbol	Company	Correlation
SH	ProShares Short S&P500	-0.39
SDS	ProShares UltraShort S&P500	-0.39
SPXU	ProShares UltraPro Short S&P 500	-0.38
QQQD	Direxion Daily Magnificent 7 Bear 1X ETF	-0.38
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.38

Frequently asked questions about RTAC correlations

Which stocks are most correlated with RTAC?: Based on one year of daily returns, the stocks most correlated with Renatus Tactical Acquisition Corp I Class A Ordinary Shares (RTAC) are RTACU (0.62), MVFG (0.47) and SIMS (0.45). 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 RTAC?: Over the past year, the stocks most inversely correlated with Renatus Tactical Acquisition Corp I Class A Ordinary Shares (RTAC) are SH (-0.39), SDS (-0.39) and SPXU (-0.38). 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 RTAC correlations calculated?: We compute the correlation of daily returns between RTAC 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.