Sono Group N.V. Ordinary Shares (SSM) — Stock Correlations & Overview
Over the past year, SSM has moved most closely with TTC, NWGL, PXS. Explore the stocks most correlated and inversely correlated with SSM below, along with its price, financials, and company profile.
Stocks correlated with SSM
Correlation of daily returns. Higher positive values move with SSM; negative values move opposite it. Informational only, not investment advice.
Most correlated with SSM
| Symbol | Company | Correlation |
|---|---|---|
| TTC | Toro Company (The)LAWN & GARDEN TRACTORS & HOME LAWN & GARDENS EQUIP | 0.28 |
| NWGL | CL Workshop Group Limited American Depositary Shares | 0.27 |
| PXS | Pyxis Tankers Inc. Common Stock | 0.26 |
| GPRO | GoPro, Inc.PHOTOGRAPHIC EQUIPMENT & SUPPLIES | 0.25 |
| NCT | Intercont (Cayman) Limited Class A Ordinary shares | 0.23 |
Most inversely correlated with SSM
| Symbol | Company | Correlation |
|---|---|---|
| ALMS | Alumis Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.33 |
| HKPD | Cellyan Biotechnology Co., Ltd Class A Ordinary Shares | -0.30 |
| AFGC | American Financial Group, Inc. 5.125% Subordinated Debentures due 2059FIRE, MARINE & CASUALTY INSURANCE | -0.28 |
| TPGXL | TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 | -0.26 |
| NLYpF | Annaly Capital Management, Inc. 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.24 |
Frequently asked questions about SSM correlations
- Which stocks are most correlated with SSM?
- Based on one year of daily returns, the stocks most correlated with Sono Group N.V. Ordinary Shares (SSM) are TTC (0.28), NWGL (0.27) and PXS (0.26). 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 SSM?
- Over the past year, the stocks most inversely correlated with Sono Group N.V. Ordinary Shares (SSM) are ALMS (-0.33), HKPD (-0.30) and AFGC (-0.28). 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 SSM correlations calculated?
- We compute the correlation of daily returns between SSM 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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