Taboola.com Ltd. Ordinary Shares (TBLA) — Stock Correlations & Overview
Over the past year, TBLA has moved most closely with USNA, BV, NYT. Explore the stocks most correlated and inversely correlated with TBLA below, along with its price, financials, and company profile.
Stocks correlated with TBLA
Correlation of daily returns. Higher positive values move with TBLA; negative values move opposite it. Informational only, not investment advice.
Most correlated with TBLA
| Symbol | Company | Correlation |
|---|---|---|
| USNA | USANA Health Sciences IncMEDICINAL CHEMICALS & BOTANICAL PRODUCTS | 0.52 |
| BV | BrightView Holdings, Inc. Common Stock | 0.49 |
| NYT | New York Times Co.NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING | 0.47 |
| RCON | Recon Technology, Ltd. Class A Ordinary SharesOIL & GAS FIELD SERVICES, NEC | 0.47 |
| TDC | TERADATA CORPORATIONSERVICES-PREPACKAGED SOFTWARE | 0.47 |
Most inversely correlated with TBLA
| Symbol | Company | Correlation |
|---|---|---|
| EZGO | EZGO Technologies Ltd. Ordinary Shares | -0.36 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.34 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.30 |
| GGLS | Direxion Shares ETF Trust Direxion Daily GOOGL Bear 1X ETF | -0.30 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.30 |
Frequently asked questions about TBLA correlations
- Which stocks are most correlated with TBLA?
- Based on one year of daily returns, the stocks most correlated with Taboola.com Ltd. Ordinary Shares (TBLA) are USNA (0.52), BV (0.49) and NYT (0.47). 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 TBLA?
- Over the past year, the stocks most inversely correlated with Taboola.com Ltd. Ordinary Shares (TBLA) are EZGO (-0.36), HDGE (-0.34) and WEBS (-0.30). 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 TBLA correlations calculated?
- We compute the correlation of daily returns between TBLA 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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