SunCar Technology Group Inc. Class A Ordinary Shares (SDA) — Stock Correlations & Overview
Over the past year, SDA has moved most closely with NTCL, TITN, PZT. Explore the stocks most correlated and inversely correlated with SDA below, along with its price, financials, and company profile.
Stocks correlated with SDA
Correlation of daily returns. Higher positive values move with SDA; negative values move opposite it. Informational only, not investment advice.
Most correlated with SDA
| Symbol | Company | Correlation |
|---|---|---|
| NTCL | NETCLASS TECHNOLOGY INC Class A Ordinary Shares | 0.33 |
| TITN | Titan Machinery Inc.RETAIL-RETAIL STORES, NEC | 0.28 |
| PZT | Invesco New York AMT-Free Municipal Bond ETFINVESTMENT ADVICE | 0.28 |
| AIMD | Ainos, Inc. Common StockCOMPUTER PERIPHERAL EQUIPMENT, NEC | 0.28 |
| JOYY | JOYY Inc. American Depositary Shares | 0.28 |
Most inversely correlated with SDA
| Symbol | Company | Correlation |
|---|---|---|
| LNTH | Lantheus Holdings, IncIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | -0.24 |
| CME | CME Group Inc.SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES | -0.23 |
| SCI | Service Corporation InternationalSERVICES-PERSONAL SERVICES | -0.22 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.21 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.21 |
Frequently asked questions about SDA correlations
- Which stocks are most correlated with SDA?
- Based on one year of daily returns, the stocks most correlated with SunCar Technology Group Inc. Class A Ordinary Shares (SDA) are NTCL (0.33), TITN (0.28) and PZT (0.28). 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 SDA?
- Over the past year, the stocks most inversely correlated with SunCar Technology Group Inc. Class A Ordinary Shares (SDA) are LNTH (-0.24), CME (-0.23) and SCI (-0.22). 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 SDA correlations calculated?
- We compute the correlation of daily returns between SDA 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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