SOBR Safe, Inc. Common Stock (SOBR) — Stock Correlations & Overview
Over the past year, SOBR has moved most closely with VEEE, AGEN, ARI. Explore the stocks most correlated and inversely correlated with SOBR below, along with its price, financials, and company profile.
Stocks correlated with SOBR
Correlation of daily returns. Higher positive values move with SOBR; negative values move opposite it. Informational only, not investment advice.
Most correlated with SOBR
| Symbol | Company | Correlation |
|---|---|---|
| VEEE | Twin Vee PowerCats Co. Common StockSHIP & BOAT BUILDING & REPAIRING | 0.32 |
| AGEN | Agenus Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.31 |
| ARI | APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.REAL ESTATE INVESTMENT TRUSTS | 0.28 |
| FUBO | FuboTV Inc.SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION | 0.26 |
| VERX | Vertex, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.24 |
Most inversely correlated with SOBR
| Symbol | Company | Correlation |
|---|---|---|
| QBUL | TrueShares Quarterly Bull Hedge ETF | -0.25 |
| IBP | INSTALLED BUILDING PRODUCTS, INC.GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS | -0.23 |
| FIZZ | National Beverage Corp.BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS | -0.22 |
| PLNT | Planet Fitness, Inc.SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS | -0.22 |
| ENGN | enGene Therapeutics Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.21 |
Frequently asked questions about SOBR correlations
- Which stocks are most correlated with SOBR?
- Based on one year of daily returns, the stocks most correlated with SOBR Safe, Inc. Common Stock (SOBR) are VEEE (0.32), AGEN (0.31) and ARI (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 SOBR?
- Over the past year, the stocks most inversely correlated with SOBR Safe, Inc. Common Stock (SOBR) are QBUL (-0.25), IBP (-0.23) and FIZZ (-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 SOBR correlations calculated?
- We compute the correlation of daily returns between SOBR 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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