Treasure Global Inc. Common Stock (TGL) — Stock Correlations & Overview
Over the past year, TGL has moved most closely with DBRG, SMX, WHLR. Explore the stocks most correlated and inversely correlated with TGL below, along with its price, financials, and company profile.
Stocks correlated with TGL
Correlation of daily returns. Higher positive values move with TGL; negative values move opposite it. Informational only, not investment advice.
Most correlated with TGL
| Symbol | Company | Correlation |
|---|---|---|
| DBRG | DigitalBridge Group, Inc.INVESTMENT ADVICE | 0.60 |
| SMX | SMX (Security Matters) Public Limited Company Ordinary Shares | 0.36 |
| WHLR | Wheeler Real Estate Investment Trust, IncREAL ESTATE INVESTMENT TRUSTS | 0.33 |
| SWBI | Smith & Wesson Brands, Inc. Common StockORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) | 0.29 |
| AAPG | Ascentage Pharma Group International American Depository Shares | 0.29 |
Most inversely correlated with TGL
| Symbol | Company | Correlation |
|---|---|---|
| REED | Reed's, Inc.BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS | -0.36 |
| SPWH | Sportsman's Warehouse Holdings, Inc.RETAIL-MISCELLANEOUS SHOPPING GOODS STORES | -0.29 |
| SBR | Sabine Royalty TrustOIL ROYALTY TRADERS | -0.26 |
| QNRX | Quoin Pharmaceuticals, Ltd. American Depositary SharesPHARMACEUTICAL PREPARATIONS | -0.23 |
| PSN | Parsons CorporationSERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN | -0.22 |
Frequently asked questions about TGL correlations
- Which stocks are most correlated with TGL?
- Based on one year of daily returns, the stocks most correlated with Treasure Global Inc. Common Stock (TGL) are DBRG (0.60), SMX (0.36) and WHLR (0.33). 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 TGL?
- Over the past year, the stocks most inversely correlated with Treasure Global Inc. Common Stock (TGL) are REED (-0.36), SPWH (-0.29) and SBR (-0.26). 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 TGL correlations calculated?
- We compute the correlation of daily returns between TGL 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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