Sohu.com Limited American Depositary Shares (SOHU) — Stock Correlations & Overview
Over the past year, SOHU has moved most closely with CWEB, PGJ, MAGC. Explore the stocks most correlated and inversely correlated with SOHU below, along with its price, financials, and company profile.
Stocks correlated with SOHU
Correlation of daily returns. Higher positive values move with SOHU; negative values move opposite it. Informational only, not investment advice.
Most correlated with SOHU
| Symbol | Company | Correlation |
|---|---|---|
| CWEB | Direxion Daily CSI China Internet Index Bull 2X ETF | 0.53 |
| PGJ | Invesco Golden Dragon China ETF | 0.52 |
| MAGC | Roundhill China Magnificent Seven ETF | 0.51 |
| KWEB | KraneShares CSI China Internet ETF | 0.50 |
| CHIQ | Global X MSCI China Consumer Discretionary ETF | 0.48 |
Most inversely correlated with SOHU
| Symbol | Company | Correlation |
|---|---|---|
| YXI | ProShares Short FTSE China 50 of PROSHARES TRUST | -0.48 |
| FXP | ProShares UltraShort FTSE China 50 of ProShares Trust | -0.47 |
| YANG | Direxion Daily FTSE China Bear 3X ETF | -0.47 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | -0.33 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.29 |
Frequently asked questions about SOHU correlations
- Which stocks are most correlated with SOHU?
- Based on one year of daily returns, the stocks most correlated with Sohu.com Limited American Depositary Shares (SOHU) are CWEB (0.53), PGJ (0.52) and MAGC (0.51). 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 SOHU?
- Over the past year, the stocks most inversely correlated with Sohu.com Limited American Depositary Shares (SOHU) are YXI (-0.48), FXP (-0.47) and YANG (-0.47). 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 SOHU correlations calculated?
- We compute the correlation of daily returns between SOHU 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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