Which stocks are most correlated with SANG?

Based on one year of daily returns, the stocks most correlated with Sangoma Technologies Corporation Common Shares (SANG) are DSY (0.21), SQFT (0.21) and KMRK (0.20). 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 SANG?

Over the past year, the stocks most inversely correlated with Sangoma Technologies Corporation Common Shares (SANG) are BRFH (-0.31), MDWD (-0.27) and AERT (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Sangoma Technologies Corporation Common Shares (SANG) — Stock Correlations & Overview

Over the past year, SANG has moved most closely with DSY, SQFT, KMRK. Explore the stocks most correlated and inversely correlated with SANG below, along with its price, financials, and company profile.

Stocks correlated with SANG

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

Most correlated with SANG

Symbol	Company	Correlation
DSY	Big Tree Cloud Holdings Limited Class A Ordinary Shares	0.21
SQFT	Presidio Property Trust, Inc. Class A Common StockREAL ESTATE INVESTMENT TRUSTS	0.21
KMRK	K-Tech Solutions Company Limited Class A Ordinary Shares	0.20
AGMpE	Federal Agricultural Mortgage Corporation 5.750% Non-Cumulative Preferred Stock, Series EFEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES	0.20
TYLD	Cambria Tactical Yield ETF	0.20

Most inversely correlated with SANG

Symbol	Company	Correlation
BRFH	Barfresh Food Group Inc. Common StockCANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES	-0.31
MDWD	MediWound Ltd.	-0.27
AERT	Aeries Technology, Inc. Class A Ordinary ShareSERVICES-MANAGEMENT CONSULTING SERVICES	-0.27
FLXS	Flexsteel IndustriesHOUSEHOLD FURNITURE	-0.23
MGNX	MacroGenics, Inc.PHARMACEUTICAL PREPARATIONS	-0.22

Frequently asked questions about SANG correlations

Which stocks are most correlated with SANG?: Based on one year of daily returns, the stocks most correlated with Sangoma Technologies Corporation Common Shares (SANG) are DSY (0.21), SQFT (0.21) and KMRK (0.20). 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 SANG?: Over the past year, the stocks most inversely correlated with Sangoma Technologies Corporation Common Shares (SANG) are BRFH (-0.31), MDWD (-0.27) and AERT (-0.27). 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 SANG correlations calculated?: We compute the correlation of daily returns between SANG 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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