Trip.com Group Limited American Depositary Shares (TCOM) — Stock Correlations & Overview
Over the past year, TCOM has moved most closely with CHIQ, MAGC, CWEB. Explore the stocks most correlated and inversely correlated with TCOM below, along with its price, financials, and company profile.
Stocks correlated with TCOM
Correlation of daily returns. Higher positive values move with TCOM; negative values move opposite it. Informational only, not investment advice.
Most correlated with TCOM
| Symbol | Company | Correlation |
|---|---|---|
| CHIQ | Global X MSCI China Consumer Discretionary ETF | 0.50 |
| MAGC | Roundhill China Magnificent Seven ETF | 0.48 |
| CWEB | Direxion Daily CSI China Internet Index Bull 2X ETF | 0.48 |
| CGRO | CoreValues Alpha Greater China Growth ETFBLANK CHECKS | 0.47 |
| EMQQ | EMQQ The Emerging Markets Internet ETF | 0.47 |
Most inversely correlated with TCOM
| Symbol | Company | Correlation |
|---|---|---|
| FXP | ProShares UltraShort FTSE China 50 of ProShares Trust | -0.47 |
| YANG | Direxion Daily FTSE China Bear 3X ETF | -0.46 |
| YXI | ProShares Short FTSE China 50 of PROSHARES TRUST | -0.45 |
| ROLR | High Roller Technologies, Inc.SERVICES-AMUSEMENT & RECREATION SERVICES | -0.40 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.32 |
Frequently asked questions about TCOM correlations
- Which stocks are most correlated with TCOM?
- Based on one year of daily returns, the stocks most correlated with Trip.com Group Limited American Depositary Shares (TCOM) are CHIQ (0.50), MAGC (0.48) and CWEB (0.48). 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 TCOM?
- Over the past year, the stocks most inversely correlated with Trip.com Group Limited American Depositary Shares (TCOM) are FXP (-0.47), YANG (-0.46) and YXI (-0.45). 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 TCOM correlations calculated?
- We compute the correlation of daily returns between TCOM 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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