Which stocks are most correlated with USIO?

Based on one year of daily returns, the stocks most correlated with Usio, Inc. Common Stock (USIO) are MFIN (0.43), UPLD (0.33) and INMB (0.32). 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 USIO?

Over the past year, the stocks most inversely correlated with Usio, Inc. Common Stock (USIO) are SBB (-0.29), SDD (-0.28) and RWM (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Usio, Inc. Common Stock (USIO) — Stock Correlations & Overview

Over the past year, USIO has moved most closely with MFIN, UPLD, INMB. Explore the stocks most correlated and inversely correlated with USIO below, along with its price, financials, and company profile.

Stocks correlated with USIO

Correlation of daily returns. Higher positive values move with USIO; negative values move opposite it. Informational only, not investment advice.

Most correlated with USIO

Symbol	Company	Correlation
MFIN	Medallion Financial CorpFINANCE SERVICES	0.43
UPLD	Upland Software, Inc.SERVICES-PREPACKAGED SOFTWARE	0.33
INMB	INmune Bio Inc. Common stockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.32
RFLR	Innovator U.S. Small Cap Managed Floor ETF	0.31
EBIT	Harbor Small Cap Earners ETF	0.31

Most inversely correlated with USIO

Symbol	Company	Correlation
SBB	ProShares Short SmallCap600	-0.29
SDD	ProShares UltraShort SmallCap600	-0.28
RWM	ProShares Short Russell2000	-0.27
SCC	ProShares UltraShort Consumer Discretionary	-0.26
TWM	ProShares UltraShort Russell2000	-0.26

Frequently asked questions about USIO correlations

Which stocks are most correlated with USIO?: Based on one year of daily returns, the stocks most correlated with Usio, Inc. Common Stock (USIO) are MFIN (0.43), UPLD (0.33) and INMB (0.32). 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 USIO?: Over the past year, the stocks most inversely correlated with Usio, Inc. Common Stock (USIO) are SBB (-0.29), SDD (-0.28) and RWM (-0.27). 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 USIO correlations calculated?: We compute the correlation of daily returns between USIO 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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