Swvl Holdings Corp Class A Common Shares (SWVL) — Stock Correlations & Overview
Over the past year, SWVL has moved most closely with BGLC, AIRI, TDS. Explore the stocks most correlated and inversely correlated with SWVL below, along with its price, financials, and company profile.
Stocks correlated with SWVL
Correlation of daily returns. Higher positive values move with SWVL; negative values move opposite it. Informational only, not investment advice.
Most correlated with SWVL
| Symbol | Company | Correlation |
|---|---|---|
| BGLC | BioNexus Gene Lab Corp Common stockSERVICES-MEDICAL LABORATORIES | 0.27 |
| AIRI | Air Industries GroupAIRCRAFT PARTS & AUXILIARY EQUIPMENT, NEC | 0.24 |
| TDS | Telephone and Data Systems Inc.TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | 0.24 |
| IHS | IHS Holding Limited | 0.24 |
| BNS | Bank of Nova ScotiaSTATE COMMERCIAL BANKS | 0.23 |
Most inversely correlated with SWVL
| Symbol | Company | Correlation |
|---|---|---|
| BTAI | BioXcel Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.31 |
| ETIp | Entergy Texas, Inc. 5.375% Series A Preferred StockELECTRIC SERVICES | -0.22 |
| METD | Direxion Shares ETF Trust Direxion Daily META Bear 1X ETF | -0.21 |
| DKS | Dick's Sporting Goods, Inc.RETAIL-MISCELLANEOUS SHOPPING GOODS STORES | -0.21 |
| KTCC | KEY Tronic CorpPRINTED CIRCUIT BOARDS | -0.20 |
Frequently asked questions about SWVL correlations
- Which stocks are most correlated with SWVL?
- Based on one year of daily returns, the stocks most correlated with Swvl Holdings Corp Class A Common Shares (SWVL) are BGLC (0.27), AIRI (0.24) and TDS (0.24). 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 SWVL?
- Over the past year, the stocks most inversely correlated with Swvl Holdings Corp Class A Common Shares (SWVL) are BTAI (-0.31), ETIp (-0.22) and METD (-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 SWVL correlations calculated?
- We compute the correlation of daily returns between SWVL 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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