Solidion Technology, Inc. Common Stock (STI) — Stock Correlations & Overview
Over the past year, STI has moved most closely with ELBM, VERU, NVA. Explore the stocks most correlated and inversely correlated with STI below, along with its price, financials, and company profile.
Stocks correlated with STI
Correlation of daily returns. Higher positive values move with STI; negative values move opposite it. Informational only, not investment advice.
Most correlated with STI
| Symbol | Company | Correlation |
|---|---|---|
| ELBM | Electra Battery Materials Corporation Common Stock | 0.49 |
| VERU | Veru Inc.PHARMACEUTICAL PREPARATIONS | 0.41 |
| NVA | Nova Minerals Corp | 0.37 |
| INDP | Indaptus Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.37 |
| GWH | ESS Tech, Inc.MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.32 |
Most inversely correlated with STI
| Symbol | Company | Correlation |
|---|---|---|
| ADCT | ADC Therapeutics SAPHARMACEUTICAL PREPARATIONS | -0.49 |
| TVRD | Tvardi Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.43 |
| AIV | Apartment Investment and Management CompanyREAL ESTATE INVESTMENT TRUSTS | -0.28 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.27 |
| BYND | Beyond Meat, Inc. Common StockFOOD AND KINDRED PRODUCTS | -0.24 |
Frequently asked questions about STI correlations
- Which stocks are most correlated with STI?
- Based on one year of daily returns, the stocks most correlated with Solidion Technology, Inc. Common Stock (STI) are ELBM (0.49), VERU (0.41) and NVA (0.37). 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 STI?
- Over the past year, the stocks most inversely correlated with Solidion Technology, Inc. Common Stock (STI) are ADCT (-0.49), TVRD (-0.43) and AIV (-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 STI correlations calculated?
- We compute the correlation of daily returns between STI 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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