Sports Entertainment Gaming Global Corporation Common Stock (SEGG) — Stock Correlations & Overview
Over the past year, SEGG has moved most closely with LTRYW, OLB, RPID. Explore the stocks most correlated and inversely correlated with SEGG below, along with its price, financials, and company profile.
Stocks correlated with SEGG
Correlation of daily returns. Higher positive values move with SEGG; negative values move opposite it. Informational only, not investment advice.
Most correlated with SEGG
| Symbol | Company | Correlation |
|---|---|---|
| LTRYW | Sports Entertainment Gaming Global Corporation WarrantsSERVICES-PREPACKAGED SOFTWARE | 0.30 |
| OLB | The OLB Group, Inc. Common StockSERVICES-BUSINESS SERVICES, NEC | 0.29 |
| RPID | Rapid Micro Biosystems, Inc. Class A Common StockLABORATORY ANALYTICAL INSTRUMENTS | 0.28 |
| COUR | Coursera, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.26 |
| BOTT | Themes ETF Trust Themes Humanoid Robotics ETF | 0.25 |
Most inversely correlated with SEGG
| Symbol | Company | Correlation |
|---|---|---|
| THH | TryHard Holdings Limited Ordinary Shares | -0.20 |
| SAJ | Saratoga Investment Corp. 8.00% Notes due 2027 | -0.19 |
| BCTX | Briacell Therapeutics Corp. Common SharesPHARMACEUTICAL PREPARATIONS | -0.18 |
| SMCZ | Defiance Daily Target 2X Short SMCI ETF | -0.18 |
| EZGO | EZGO Technologies Ltd. Ordinary Shares | -0.18 |
Frequently asked questions about SEGG correlations
- Which stocks are most correlated with SEGG?
- Based on one year of daily returns, the stocks most correlated with Sports Entertainment Gaming Global Corporation Common Stock (SEGG) are LTRYW (0.30), OLB (0.29) and RPID (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 SEGG?
- Over the past year, the stocks most inversely correlated with Sports Entertainment Gaming Global Corporation Common Stock (SEGG) are THH (-0.20), SAJ (-0.19) and BCTX (-0.18). 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 SEGG correlations calculated?
- We compute the correlation of daily returns between SEGG 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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