SHF Holdings, Inc. Class A Common Stock (SHFS) — Stock Correlations & Overview
Over the past year, SHFS has moved most closely with LAC, QURE, PLNT. Explore the stocks most correlated and inversely correlated with SHFS below, along with its price, financials, and company profile.
Stocks correlated with SHFS
Correlation of daily returns. Higher positive values move with SHFS; negative values move opposite it. Informational only, not investment advice.
Most correlated with SHFS
| Symbol | Company | Correlation |
|---|---|---|
| LAC | Lithium Americas Corp.METAL MINING | 0.41 |
| QURE | uniQure N.V.PHARMACEUTICAL PREPARATIONS | 0.37 |
| PLNT | Planet Fitness, Inc.SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS | 0.35 |
| RANGR | Range Capital Acquisition Corp. RightsBLANK CHECKS | 0.34 |
| CLPT | ClearPoint Neuro, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.34 |
Most inversely correlated with SHFS
| Symbol | Company | Correlation |
|---|---|---|
| LFAI | LifeX 2050 Longevity Income ETF | -0.39 |
| LIBD | LifeX 2065 Inflation-Protected Longevity Income ETF | -0.38 |
| LIAE | LifeX 2050 Inflation-Protected Longevity Income ETF | -0.34 |
| LIAU | LifeX 2060 Inflation-Protected Longevity Income ETF | -0.33 |
| ILS | Brookmont Catastrophic Bond ETF | -0.31 |
Frequently asked questions about SHFS correlations
- Which stocks are most correlated with SHFS?
- Based on one year of daily returns, the stocks most correlated with SHF Holdings, Inc. Class A Common Stock (SHFS) are LAC (0.41), QURE (0.37) and PLNT (0.35). 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 SHFS?
- Over the past year, the stocks most inversely correlated with SHF Holdings, Inc. Class A Common Stock (SHFS) are LFAI (-0.39), LIBD (-0.38) and LIAE (-0.34). 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 SHFS correlations calculated?
- We compute the correlation of daily returns between SHFS 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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