Tucows, Inc (TCX) — Stock Correlations & Overview
Over the past year, TCX has moved most closely with FCUV, PWP, INBK. Explore the stocks most correlated and inversely correlated with TCX below, along with its price, financials, and company profile.
Stocks correlated with TCX
Correlation of daily returns. Higher positive values move with TCX; negative values move opposite it. Informational only, not investment advice.
Most correlated with TCX
| Symbol | Company | Correlation |
|---|---|---|
| FCUV | Focus Universal Inc. Common StockINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.39 |
| PWP | Perella Weinberg Partners Class A Common StockFINANCE SERVICES | 0.36 |
| INBK | First Internet BancorpSTATE COMMERCIAL BANKS | 0.35 |
| AMZW | Roundhill AMZN WeeklyPay ETF | 0.34 |
| AMZN | Amazon.Com IncRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.34 |
Most inversely correlated with TCX
| Symbol | Company | Correlation |
|---|---|---|
| KPTI | Karyopharm Therapeutics Inc.PHARMACEUTICAL PREPARATIONS | -0.48 |
| BIOA | BioAge Labs, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.43 |
| MBRX | Moleculin Biotech, Inc.PHARMACEUTICAL PREPARATIONS | -0.42 |
| AMZD | Direxion Shares ETF Trust Direxion Daily AMZN Bear 1X ETF | -0.36 |
| MYGN | Myriad Genetics IncIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | -0.35 |
Frequently asked questions about TCX correlations
- Which stocks are most correlated with TCX?
- Based on one year of daily returns, the stocks most correlated with Tucows, Inc (TCX) are FCUV (0.39), PWP (0.36) and INBK (0.35). 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 TCX?
- Over the past year, the stocks most inversely correlated with Tucows, Inc (TCX) are KPTI (-0.48), BIOA (-0.43) and MBRX (-0.42). 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 TCX correlations calculated?
- We compute the correlation of daily returns between TCX 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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