Stardust Power Inc. Common Stock (SDST) — Stock Correlations & Overview
Over the past year, SDST has moved most closely with ABAT, LAC, OMEX. Explore the stocks most correlated and inversely correlated with SDST below, along with its price, financials, and company profile.
Stocks correlated with SDST
Correlation of daily returns. Higher positive values move with SDST; negative values move opposite it. Informational only, not investment advice.
Most correlated with SDST
| Symbol | Company | Correlation |
|---|---|---|
| ABAT | American Battery Technology Company Common StockMINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) | 0.43 |
| LAC | Lithium Americas Corp.METAL MINING | 0.42 |
| OMEX | Odyssey Marine Exploration, IncWATER TRANSPORTATION | 0.42 |
| NMG | Nouveau Monde Graphite Inc. | 0.41 |
| MP | MP Materials Corp.METAL MINING | 0.41 |
Frequently asked questions about SDST correlations
- Which stocks are most correlated with SDST?
- Based on one year of daily returns, the stocks most correlated with Stardust Power Inc. Common Stock (SDST) are ABAT (0.43), LAC (0.42) and OMEX (0.42). 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 SDST?
- Over the past year, the stocks most inversely correlated with Stardust Power Inc. Common Stock (SDST) are RGTZ (-0.39), QBTZ (-0.36) and RWM (-0.36). 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 SDST correlations calculated?
- We compute the correlation of daily returns between SDST 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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