The GrowHub Limited Class A Ordinary Shares (TGHL) — Stock Correlations & Overview
Over the past year, TGHL has moved most closely with JZ, ANY, HKIT. Explore the stocks most correlated and inversely correlated with TGHL below, along with its price, financials, and company profile.
Stocks correlated with TGHL
Correlation of daily returns. Higher positive values move with TGHL; negative values move opposite it. Informational only, not investment advice.
Most correlated with TGHL
| Symbol | Company | Correlation |
|---|---|---|
| JZ | Jianzhi Education Technology Group Company Limited American Depositary Shares | 0.47 |
| ANY | Sphere 3D Corp. Common SharesFINANCE SERVICES | 0.37 |
| HKIT | Hitek Global Inc. Class A Ordinary Share | 0.35 |
| AIM | AIM ImmunoTech Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.31 |
| PBFS | Pioneer Bancorp, Inc. Common StockSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | 0.26 |
Most inversely correlated with TGHL
| Symbol | Company | Correlation |
|---|---|---|
| PMTW | PennyMac Mortgage Investment Trust 9.00% Senior Notes due 2030REAL ESTATE INVESTMENT TRUSTS | -0.31 |
| FDX | FedEx CorporationAIR COURIER SERVICES | -0.31 |
| CRMT | America's Car Mart IncRETAIL-AUTO DEALERS & GASOLINE STATIONS | -0.30 |
| OCS | Oculis Holding AG Ordinary shares | -0.30 |
| WHFCL | WhiteHorse Finance, Inc. 7.875% Notes due 2028 | -0.29 |
Frequently asked questions about TGHL correlations
- Which stocks are most correlated with TGHL?
- Based on one year of daily returns, the stocks most correlated with The GrowHub Limited Class A Ordinary Shares (TGHL) are JZ (0.47), ANY (0.37) and HKIT (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 TGHL?
- Over the past year, the stocks most inversely correlated with The GrowHub Limited Class A Ordinary Shares (TGHL) are PMTW (-0.31), FDX (-0.31) and CRMT (-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 TGHL correlations calculated?
- We compute the correlation of daily returns between TGHL 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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