Valneva SE American Depositary Shares (VALN) — Stock Correlations & Overview
Over the past year, VALN has moved most closely with LNKS, HKIT, PFFL. Explore the stocks most correlated and inversely correlated with VALN below, along with its price, financials, and company profile.
Stocks correlated with VALN
Correlation of daily returns. Higher positive values move with VALN; negative values move opposite it. Informational only, not investment advice.
Most correlated with VALN
| Symbol | Company | Correlation |
|---|---|---|
| LNKS | Linkers Industries Limited Class A Ordinary Shares | 0.44 |
| HKIT | Hitek Global Inc. Class A Ordinary Share | 0.39 |
| PFFL | ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | 0.29 |
| LU | Lufax Holding Ltd. American Depositary Shares, each representing two (2) Ordinary Shares | 0.25 |
| HTFC | Horizon Technology Finance Corporation 6.25% Notes due 2027 | 0.24 |
Most inversely correlated with VALN
| Symbol | Company | Correlation |
|---|---|---|
| PTLE | PTL LTD Class A Ordinary Shares | -0.29 |
| MHH | Mastech Digital, Inc.SERVICES-MANAGEMENT CONSULTING SERVICES | -0.26 |
| KLC | KinderCare Learning Companies, Inc.SERVICES-CHILD DAY CARE SERVICES | -0.24 |
| PHXEp | Phoenix Energy One, LLC Series A Cumulative Redeemable Preferred SharesCRUDE PETROLEUM & NATURAL GAS | -0.24 |
| CPBI | Central Plains Bancshares, Inc. Common StockSAVINGS INSTITUTION, FEDERALLY CHARTERED | -0.23 |
Frequently asked questions about VALN correlations
- Which stocks are most correlated with VALN?
- Based on one year of daily returns, the stocks most correlated with Valneva SE American Depositary Shares (VALN) are LNKS (0.44), HKIT (0.39) and PFFL (0.29). 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 VALN?
- Over the past year, the stocks most inversely correlated with Valneva SE American Depositary Shares (VALN) are PTLE (-0.29), MHH (-0.26) and KLC (-0.24). 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 VALN correlations calculated?
- We compute the correlation of daily returns between VALN 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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