Sol Strategies Inc. Common Shares (STKE) — Stock Correlations & Overview
Over the past year, STKE has moved most closely with CRPT, BCOR, DFDV. Explore the stocks most correlated and inversely correlated with STKE below, along with its price, financials, and company profile.
Stocks correlated with STKE
Correlation of daily returns. Higher positive values move with STKE; negative values move opposite it. Informational only, not investment advice.
Most correlated with STKE
| Symbol | Company | Correlation |
|---|---|---|
| CRPT | First Trust SkyBridge Crypto Industry and Digital Economy ETF | 0.61 |
| BCOR | Grayscale Bitcoin Adopters ETFFINANCE SERVICES | 0.60 |
| DFDV | DeFi Development Corp. Common StockFINANCE SERVICES | 0.59 |
| BMNU | T-REX 2X Long BMNR Daily Target ETF | 0.59 |
| MSTX | Tidal Trust II Defiance Daily Target 2x Long MSTR ETF | 0.59 |
Most inversely correlated with STKE
| Symbol | Company | Correlation |
|---|---|---|
| BITI | ProShares Short Bitcoin ETF | -0.58 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.57 |
| SMST | Tidal Trust II Defiance Daily Target 2x Short MSTR ETF | -0.57 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.57 |
| SBIT | ProShares UltraShort Bitcoin ETF | -0.56 |
Frequently asked questions about STKE correlations
- Which stocks are most correlated with STKE?
- Based on one year of daily returns, the stocks most correlated with Sol Strategies Inc. Common Shares (STKE) are CRPT (0.61), BCOR (0.60) and DFDV (0.59). 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 STKE?
- Over the past year, the stocks most inversely correlated with Sol Strategies Inc. Common Shares (STKE) are BITI (-0.58), CONI (-0.57) and SMST (-0.57). 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 STKE correlations calculated?
- We compute the correlation of daily returns between STKE 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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