Which stocks are most correlated with SMXWW?

Based on one year of daily returns, the stocks most correlated with SMX (Security Matters) Public Limited Company Warrant (SMXWW) are SMX (0.57), VRCA (0.33) and SVRA (0.33). 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 SMXWW?

Over the past year, the stocks most inversely correlated with SMX (Security Matters) Public Limited Company Warrant (SMXWW) are BAMU (-0.20), RHI (-0.18) and PSECpA (-0.18). A negative correlation means the two stocks have tended to move in opposite directions.

SMX (Security Matters) Public Limited Company Warrant (SMXWW) — Stock Correlations & Overview

Over the past year, SMXWW has moved most closely with SMX, VRCA, SVRA. Explore the stocks most correlated and inversely correlated with SMXWW below, along with its price, financials, and company profile.

Stocks correlated with SMXWW

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

Most correlated with SMXWW

Symbol	Company	Correlation
SMX	SMX (Security Matters) Public Limited Company Ordinary Shares	0.57
VRCA	Verrica Pharmaceuticals Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.33
SVRA	Savara Inc.PHARMACEUTICAL PREPARATIONS	0.33
KTTA	Pasithea Therapeutics Corp. Common StockPHARMACEUTICAL PREPARATIONS	0.24
BOHpA	Bank of Hawaii Corporation Depositary Shares Each Representing a 1/40th Interest in a Share of 4.375% Fixed Rate Non- Cumulative Perpetual Preferred Stock, Series ASTATE COMMERCIAL BANKS	0.24

Most inversely correlated with SMXWW

Symbol	Company	Correlation
BAMU	Brookstone Ultra-Short Bond ETF	-0.20
RHI	Robert Half Inc.SERVICES-HELP SUPPLY SERVICES	-0.18
PSECpA	Prospect Capital Corporation 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock	-0.18
BCG	Binah Capital Group, Inc. Common StockFINANCE SERVICES	-0.17
RWTpA	Redwood Trust, Inc. 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS	-0.17

Frequently asked questions about SMXWW correlations

Which stocks are most correlated with SMXWW?: Based on one year of daily returns, the stocks most correlated with SMX (Security Matters) Public Limited Company Warrant (SMXWW) are SMX (0.57), VRCA (0.33) and SVRA (0.33). 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 SMXWW?: Over the past year, the stocks most inversely correlated with SMX (Security Matters) Public Limited Company Warrant (SMXWW) are BAMU (-0.20), RHI (-0.18) and PSECpA (-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 SMXWW correlations calculated?: We compute the correlation of daily returns between SMXWW 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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