Uni-Fuels Holdings Limited Class A Ordinary Shares (UFG) — Stock Correlations & Overview
Over the past year, UFG has moved most closely with MSGY, CHR, NVNI. Explore the stocks most correlated and inversely correlated with UFG below, along with its price, financials, and company profile.
Stocks correlated with UFG
Correlation of daily returns. Higher positive values move with UFG; negative values move opposite it. Informational only, not investment advice.
Most correlated with UFG
| Symbol | Company | Correlation |
|---|---|---|
| MSGY | Masonglory Limited Ordinary Shares | 0.50 |
| CHR | Cheer Holding, Inc. Class A Ordinary ShareSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.37 |
| NVNI | Nvni Group Limited Ordinary Shares | 0.34 |
| TRU | TransUnionSERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES | 0.30 |
| CODIpB | Compass Diversified Holdings 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred Shares representing beneficial interests in Compass Diversified HoldingsHOUSEHOLD FURNITURE | 0.29 |
Most inversely correlated with UFG
| Symbol | Company | Correlation |
|---|---|---|
| RFAIR | RF Acquisition Corp II RightBLANK CHECKS | -0.47 |
| TSHA | Taysha Gene Therapies, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.35 |
| HGLB | Highland Global Allocation Fund | -0.31 |
| PALI | Palisade Bio, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.29 |
| ASBP | Aspire Biopharma Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.26 |
Frequently asked questions about UFG correlations
- Which stocks are most correlated with UFG?
- Based on one year of daily returns, the stocks most correlated with Uni-Fuels Holdings Limited Class A Ordinary Shares (UFG) are MSGY (0.50), CHR (0.37) and NVNI (0.34). 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 UFG?
- Over the past year, the stocks most inversely correlated with Uni-Fuels Holdings Limited Class A Ordinary Shares (UFG) are RFAIR (-0.47), TSHA (-0.35) and HGLB (-0.31). 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 UFG correlations calculated?
- We compute the correlation of daily returns between UFG 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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