SS Innovations International Inc. Common Stock (SSII) — Stock Correlations & Overview
Over the past year, SSII has moved most closely with MAT, CGNX, REKR. Explore the stocks most correlated and inversely correlated with SSII below, along with its price, financials, and company profile.
Stocks correlated with SSII
Correlation of daily returns. Higher positive values move with SSII; negative values move opposite it. Informational only, not investment advice.
Most correlated with SSII
| Symbol | Company | Correlation |
|---|---|---|
| MAT | Mattel, Inc.DOLLS & STUFFED TOYS | 0.33 |
| CGNX | Cognex CorpINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.30 |
| REKR | Rekor Systems, Inc. Common StockCOMMUNICATIONS EQUIPMENT, NEC | 0.27 |
| AWX | Avalon Holdings Corp.REFUSE SYSTEMS | 0.27 |
| SAIC | Science Applications International Corporation Common StockSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | 0.26 |
Most inversely correlated with SSII
| Symbol | Company | Correlation |
|---|---|---|
| SQFTW | Presidio Property Trust, Inc. Series A Common Stock Purchase WarrantsREAL ESTATE INVESTMENT TRUSTS | -0.23 |
| MSpF | MORGAN STANLEY SERIES FSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | -0.23 |
| CPHC | Canterbury Park Holding Corporation 'New' Common StockSERVICES-RACING, INCLUDING TRACK OPERATION | -0.21 |
| GUTpC | Gabelli Utility Trust 5.375% Series C Cumulative Preferred Shares | -0.21 |
| LSAK | Lesaka Technologies, Inc. Common StockFUNCTIONS RELATED TO DEPOSITORY BANKING, NEC | -0.20 |
Frequently asked questions about SSII correlations
- Which stocks are most correlated with SSII?
- Based on one year of daily returns, the stocks most correlated with SS Innovations International Inc. Common Stock (SSII) are MAT (0.33), CGNX (0.30) and REKR (0.27). 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 SSII?
- Over the past year, the stocks most inversely correlated with SS Innovations International Inc. Common Stock (SSII) are SQFTW (-0.23), MSpF (-0.23) and CPHC (-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 SSII correlations calculated?
- We compute the correlation of daily returns between SSII 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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