TruGolf Holdings, Inc. Class A Common Stock (TRUG) — Stock Correlations & Overview
Over the past year, TRUG has moved most closely with ELTK, DCGO, SNYR. Explore the stocks most correlated and inversely correlated with TRUG below, along with its price, financials, and company profile.
Stocks correlated with TRUG
Correlation of daily returns. Higher positive values move with TRUG; negative values move opposite it. Informational only, not investment advice.
Most correlated with TRUG
| Symbol | Company | Correlation |
|---|---|---|
| ELTK | Eltek Ltd | 0.30 |
| DCGO | DocGo Inc. Common StockSERVICES-HEALTH SERVICES | 0.29 |
| SNYR | Synergy CHC Corp. Common StockMEDICINAL CHEMICALS & BOTANICAL PRODUCTS | 0.22 |
| ZH | Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares | 0.21 |
| UFI | UNIFI, Inc. NewTEXTILE MILL PRODUCTS | 0.20 |
Most inversely correlated with TRUG
| Symbol | Company | Correlation |
|---|---|---|
| EYPT | EyePoint, Inc. Common StockLABORATORY ANALYTICAL INSTRUMENTS | -0.29 |
| MHLA | Maiden Holdings, Ltd.FIRE, MARINE & CASUALTY INSURANCE | -0.21 |
| LNCpD | Lincoln National Corporation Depositary Shares Each Representing a 1/1,000th Interest in a Share of 9.000% Non-Cumulative Preferred Stock, Series DLIFE INSURANCE | -0.21 |
| CDRO | Codere Online Luxembourg, S.A. Ordinary Shares | -0.20 |
| OLMA | Olema Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.19 |
Frequently asked questions about TRUG correlations
- Which stocks are most correlated with TRUG?
- Based on one year of daily returns, the stocks most correlated with TruGolf Holdings, Inc. Class A Common Stock (TRUG) are ELTK (0.30), DCGO (0.29) and SNYR (0.22). 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 TRUG?
- Over the past year, the stocks most inversely correlated with TruGolf Holdings, Inc. Class A Common Stock (TRUG) are EYPT (-0.29), MHLA (-0.21) and LNCpD (-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 TRUG correlations calculated?
- We compute the correlation of daily returns between TRUG 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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