Which stocks are most correlated with SCAG?

Based on one year of daily returns, the stocks most correlated with Scage Future American Depositary Shares (SCAG) are HURC (0.42), BBCP (0.41) and RMSG (0.29). 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 SCAG?

Over the past year, the stocks most inversely correlated with Scage Future American Depositary Shares (SCAG) are NYXH (-0.35), SUNE (-0.29) and NUWE (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Scage Future American Depositary Shares (SCAG) — Stock Correlations & Overview

Over the past year, SCAG has moved most closely with HURC, BBCP, RMSG. Explore the stocks most correlated and inversely correlated with SCAG below, along with its price, financials, and company profile.

Stocks correlated with SCAG

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

Most correlated with SCAG

Symbol	Company	Correlation
HURC	Hurco Cos IncINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL	0.42
BBCP	Concrete Pumping Holdings, Inc. Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS	0.41
RMSG	Real Messenger Corporation Ordinary Shares	0.29
BGMS	Bio Green Med Solution, Inc. Common StockWHOLESALE-DURABLE GOODS, NEC	0.28
ARB	AltShares Merger Arbitrage ETF	0.28

Most inversely correlated with SCAG

Symbol	Company	Correlation
NYXH	Nyxoah SA Ordinary Shares	-0.35
SUNE	SUNation Energy, Inc. Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS	-0.29
NUWE	Nuwellis, Inc. Common StockELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS	-0.27
SU	Suncor Energy, Inc.	-0.26
CNQ	Canadian Natural Resources Limited	-0.26

Frequently asked questions about SCAG correlations

Which stocks are most correlated with SCAG?: Based on one year of daily returns, the stocks most correlated with Scage Future American Depositary Shares (SCAG) are HURC (0.42), BBCP (0.41) and RMSG (0.29). 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 SCAG?: Over the past year, the stocks most inversely correlated with Scage Future American Depositary Shares (SCAG) are NYXH (-0.35), SUNE (-0.29) and NUWE (-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 SCAG correlations calculated?: We compute the correlation of daily returns between SCAG 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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