uCloudlink Group Inc. American Depositary Shares (UCL) — Stock Correlations & Overview
Over the past year, UCL has moved most closely with LGCL, RCON, DBMF. Explore the stocks most correlated and inversely correlated with UCL below, along with its price, financials, and company profile.
Stocks correlated with UCL
Correlation of daily returns. Higher positive values move with UCL; negative values move opposite it. Informational only, not investment advice.
Most correlated with UCL
| Symbol | Company | Correlation |
|---|---|---|
| LGCL | Lucas GC Limited Ordinary Shares | 0.45 |
| RCON | Recon Technology, Ltd. Class A Ordinary SharesOIL & GAS FIELD SERVICES, NEC | 0.27 |
| DBMF | iMGP DBi Managed Futures Strategy ETF | 0.24 |
| HXHX | Haoxin Holdings Limited Class A Ordinary Shares | 0.23 |
| DCGO | DocGo Inc. Common StockSERVICES-HEALTH SERVICES | 0.23 |
Most inversely correlated with UCL
| Symbol | Company | Correlation |
|---|---|---|
| AMLX | Amylyx Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.28 |
| PFSA | Profusa, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.26 |
| ABLV | Able View Global Inc. Class B Ordinary Shares | -0.25 |
| XOS | Xos, Inc. Common StockMOTOR VEHICLE PARTS & ACCESSORIES | -0.22 |
| UGI | UGI CorporationGAS & OTHER SERVICES COMBINED | -0.22 |
Frequently asked questions about UCL correlations
- Which stocks are most correlated with UCL?
- Based on one year of daily returns, the stocks most correlated with uCloudlink Group Inc. American Depositary Shares (UCL) are LGCL (0.45), RCON (0.27) and DBMF (0.24). 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 UCL?
- Over the past year, the stocks most inversely correlated with uCloudlink Group Inc. American Depositary Shares (UCL) are AMLX (-0.28), PFSA (-0.26) and ABLV (-0.25). 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 UCL correlations calculated?
- We compute the correlation of daily returns between UCL 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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