Sound Group Inc. American Depositary Shares (SOGP) — Stock Correlations & Overview

Over the past year, SOGP has moved most closely with SANA, FOSL, VERI. Explore the stocks most correlated and inversely correlated with SOGP below, along with its price, financials, and company profile.

Stocks correlated with SOGP

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

Most correlated with SOGP

SymbolCompanyCorrelation
SANASana Biotechnology, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)0.34
FOSLFossil Group, Inc.WATCHES, CLOCKS, CLOCKWORK OPERATED DEVICES/PARTS0.32
VERIVeritone, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION0.31
CCSBCarbon Collective Short Duration Green Bond ETF0.30
GNPXGenprex, Inc. Common StockPHARMACEUTICAL PREPARATIONS0.29

Most inversely correlated with SOGP

SymbolCompanyCorrelation
YDKGYueda Digital Holding Class A Ordinary Share-0.26
JBDIJBDI Holdings Limited Ordinary Shares-0.26
SARKInvestment Managers Series Trust II Tradr 1X Short Innovation Daily ETF-0.24
QBTZDefiance Daily Target 2x Short QBTS ETF-0.23
RWMProShares Short Russell2000-0.22

Frequently asked questions about SOGP correlations

Which stocks are most correlated with SOGP?
Based on one year of daily returns, the stocks most correlated with Sound Group Inc. American Depositary Shares (SOGP) are SANA (0.34), FOSL (0.32) and VERI (0.31). 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 SOGP?
Over the past year, the stocks most inversely correlated with Sound Group Inc. American Depositary Shares (SOGP) are YDKG (-0.26), JBDI (-0.26) and SARK (-0.24). 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 SOGP correlations calculated?
We compute the correlation of daily returns between SOGP 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.
Trading View Logo

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.