Ten-League International Holdings Limited Ordinary Shares (TLIH) — Stock Correlations & Overview
Over the past year, TLIH has moved most closely with ACCO, GP, BTSGU. Explore the stocks most correlated and inversely correlated with TLIH below, along with its price, financials, and company profile.
Stocks correlated with TLIH
Correlation of daily returns. Higher positive values move with TLIH; negative values move opposite it. Informational only, not investment advice.
Most correlated with TLIH
| Symbol | Company | Correlation |
|---|---|---|
| ACCO | Acco Brands CorporationBLANKBOOKS, LOOSELEAF BINDERS & BOOKBINDG & RELATD WORK | 0.30 |
| GP | GreenPower Motor Company Inc. Common Shares | 0.29 |
| BTSGU | BrightSpring Health Services, Inc. Tangible Equity UnitSERVICES-HOME HEALTH CARE SERVICES | 0.27 |
| TSMY | YieldMax TSM Option Income Strategy ETF | 0.27 |
| SIXO | AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | 0.27 |
Most inversely correlated with TLIH
| Symbol | Company | Correlation |
|---|---|---|
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.24 |
| TSMZ | Direxion Shares ETF Trust Direxion Daily TSM Bear 1X ETF | -0.23 |
| OKE | Oneok, Inc.NATURAL GAS TRANSMISSION & DISTRIBUTION | -0.21 |
| TECS | Direxion Daily Technology Bear 3x ETF | -0.21 |
| SPXS | Direxion Daily S&P 500 Bear 3x ETF | -0.21 |
Frequently asked questions about TLIH correlations
- Which stocks are most correlated with TLIH?
- Based on one year of daily returns, the stocks most correlated with Ten-League International Holdings Limited Ordinary Shares (TLIH) are ACCO (0.30), GP (0.29) and BTSGU (0.27). 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 TLIH?
- Over the past year, the stocks most inversely correlated with Ten-League International Holdings Limited Ordinary Shares (TLIH) are TSXD (-0.24), TSMZ (-0.23) and OKE (-0.21). 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 TLIH correlations calculated?
- We compute the correlation of daily returns between TLIH 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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