Techprecision Corporation (TPCS) — Stock Correlations & Overview
Over the past year, TPCS has moved most closely with IMXI, OUST, DAAQ. Explore the stocks most correlated and inversely correlated with TPCS below, along with its price, financials, and company profile.
Stocks correlated with TPCS
Correlation of daily returns. Higher positive values move with TPCS; negative values move opposite it. Informational only, not investment advice.
Most correlated with TPCS
| Symbol | Company | Correlation |
|---|---|---|
| IMXI | International Money Express, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.34 |
| OUST | Ouster, Inc.GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC | 0.29 |
| DAAQ | Digital Asset Acquisition Corp. Class A Ordinary sharesSTATE COMMERCIAL BANKS | 0.29 |
| MDXH | MDxHealth SA Ordinary Shares | 0.28 |
| FYC | First Trust Small Cap Growth AlphaDEX Fund | 0.28 |
Frequently asked questions about TPCS correlations
- Which stocks are most correlated with TPCS?
- Based on one year of daily returns, the stocks most correlated with Techprecision Corporation (TPCS) are IMXI (0.34), OUST (0.29) and DAAQ (0.29). 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 TPCS?
- Over the past year, the stocks most inversely correlated with Techprecision Corporation (TPCS) are PSIG (-0.31), SBB (-0.23) and AMZD (-0.22). 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 TPCS correlations calculated?
- We compute the correlation of daily returns between TPCS 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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