SRX Global Inc (SRXH) — Stock Correlations & Overview
Over the past year, SRXH has moved most closely with RZLT, EDBL, DMRC. Explore the stocks most correlated and inversely correlated with SRXH below, along with its price, financials, and company profile.
Stocks correlated with SRXH
Correlation of daily returns. Higher positive values move with SRXH; negative values move opposite it. Informational only, not investment advice.
Most correlated with SRXH
| Symbol | Company | Correlation |
|---|---|---|
| RZLT | Rezolute, Inc. Common Stock (NV)PHARMACEUTICAL PREPARATIONS | 0.31 |
| EDBL | Edible Garden AG Incorporated Common Stock | 0.27 |
| DMRC | Digimarc Corporation Common StockSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.25 |
| TEI | Templeton Emerging Markets Income Fund | 0.24 |
| RNW | ReNew Energy Global plc Class A Ordinary Shares | 0.23 |
Most inversely correlated with SRXH
| Symbol | Company | Correlation |
|---|---|---|
| RADX | Radiopharm Theranostics Limited American Depositary Shares | -0.25 |
| BDX | Becton, Dickinson and Co.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.22 |
| CAOS | Alpha Architect Tail Risk ETF | -0.21 |
| YXI | ProShares Short FTSE China 50 of PROSHARES TRUST | -0.21 |
| ATPC | Agape ATP Corporation Common StockSERVICES-HEALTH SERVICES | -0.20 |
Frequently asked questions about SRXH correlations
- Which stocks are most correlated with SRXH?
- Based on one year of daily returns, the stocks most correlated with SRX Global Inc (SRXH) are RZLT (0.31), EDBL (0.27) and DMRC (0.25). 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 SRXH?
- Over the past year, the stocks most inversely correlated with SRX Global Inc (SRXH) are RADX (-0.25), BDX (-0.22) and CAOS (-0.21). 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 SRXH correlations calculated?
- We compute the correlation of daily returns between SRXH 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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