STAK Inc. Class A Ordinary Shares (STAK) — Stock Correlations & Overview
Over the past year, STAK has moved most closely with SAFT, TOAK, TPET. Explore the stocks most correlated and inversely correlated with STAK below, along with its price, financials, and company profile.
Stocks correlated with STAK
Correlation of daily returns. Higher positive values move with STAK; negative values move opposite it. Informational only, not investment advice.
Most correlated with STAK
| Symbol | Company | Correlation |
|---|---|---|
| SAFT | Safety Insurance Group IncFIRE, MARINE & CASUALTY INSURANCE | 0.49 |
| TOAK | Twin Oak Short Horizon Absolute Return ETF | 0.31 |
| TPET | Trio Petroleum Corp.CRUDE PETROLEUM & NATURAL GAS | 0.27 |
| TMDE | TMD Energy Limited | 0.27 |
| TDIC | Dreamland Limited Class A Ordinary Shares | 0.25 |
Most inversely correlated with STAK
| Symbol | Company | Correlation |
|---|---|---|
| IFED | ETRACS IFED Invest with the Fed TR Index ETN | -0.43 |
| REBN | Reborn Coffee, Inc. Common StockRETAIL-EATING PLACES | -0.32 |
| ZVRA | Zevra Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.28 |
| NCTY | The9 Limited American Depository Shares representing three class A ordinary shares | -0.27 |
| FENC | Fennec Pharmaceuticals Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.27 |
Frequently asked questions about STAK correlations
- Which stocks are most correlated with STAK?
- Based on one year of daily returns, the stocks most correlated with STAK Inc. Class A Ordinary Shares (STAK) are SAFT (0.49), TOAK (0.31) and TPET (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 STAK?
- Over the past year, the stocks most inversely correlated with STAK Inc. Class A Ordinary Shares (STAK) are IFED (-0.43), REBN (-0.32) and ZVRA (-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 STAK correlations calculated?
- We compute the correlation of daily returns between STAK 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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