Upstart Holdings, Inc. Common stock (UPST) — Stock Correlations & Overview
Over the past year, UPST has moved most closely with UPSX, AFRM, AFRU. Explore the stocks most correlated and inversely correlated with UPST below, along with its price, financials, and company profile.
Stocks correlated with UPST
Correlation of daily returns. Higher positive values move with UPST; negative values move opposite it. Informational only, not investment advice.
Most correlated with UPST
| Symbol | Company | Correlation |
|---|---|---|
| UPSX | Tradr 2X Long UPST Daily ETF | 1.00 |
| AFRM | Affirm Holdings, Inc. Class A Common StockPERSONAL CREDIT INSTITUTIONS | 0.72 |
| AFRU | T-REX 2X Long AFRM Daily Target ETF | 0.72 |
| FINX | Global X Funds Global X FinTech ETF | 0.71 |
| BPAY | iShares FinTech Active ETF | 0.70 |
Most inversely correlated with UPST
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.64 |
| TWM | ProShares UltraShort Russell2000 | -0.61 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.61 |
| RWM | ProShares Short Russell2000 | -0.61 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.61 |
Frequently asked questions about UPST correlations
- Which stocks are most correlated with UPST?
- Based on one year of daily returns, the stocks most correlated with Upstart Holdings, Inc. Common stock (UPST) are UPSX (1.00), AFRM (0.72) and AFRU (0.72). 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 UPST?
- Over the past year, the stocks most inversely correlated with Upstart Holdings, Inc. Common stock (UPST) are SARK (-0.64), TWM (-0.61) and SRTY (-0.61). 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 UPST correlations calculated?
- We compute the correlation of daily returns between UPST 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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