Which stocks are most correlated with VMAR?

Based on one year of daily returns, the stocks most correlated with Vision Marine Technologies Inc. Common Shares (VMAR) are CPAC (0.47), RILYL (0.41) and RILY (0.37). 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 VMAR?

Over the past year, the stocks most inversely correlated with Vision Marine Technologies Inc. Common Shares (VMAR) are MANI (-0.33), AVGB (-0.32) and INDY (-0.30). A negative correlation means the two stocks have tended to move in opposite directions.

Vision Marine Technologies Inc. Common Shares (VMAR) — Stock Correlations & Overview

Over the past year, VMAR has moved most closely with CPAC, RILYL, RILY. Explore the stocks most correlated and inversely correlated with VMAR below, along with its price, financials, and company profile.

Stocks correlated with VMAR

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

Most correlated with VMAR

Symbol	Company	Correlation
CPAC	CEMENTOS PACASMAYO S.A.A.	0.47
RILYL	BRC Group Holdings, Inc. Depositary Shares each representing 1/1000th in a share of 7.375% Series B Cumulative Perpetual Preferred Stock, par value $0.0001INVESTMENT ADVICE	0.41
RILY	BRC Group Holdings, Inc. Common StockINVESTMENT ADVICE	0.37
BTF	CoinShares ETF Trust CoinShares Bitcoin and Ether ETF	0.36
RILYG	BRC Group Holdings, Inc. 5.00% Senior Notes due 2026INVESTMENT ADVICE	0.34

Most inversely correlated with VMAR

Symbol	Company	Correlation
MANI	Man Active Income ETF	-0.33
AVGB	Avantis Credit ETF	-0.32
INDY	iShares S&P India Nifty 50 Index Fund	-0.30
FTGC	First Trust Global Tactical Commodity Strategy Fund	-0.30
FAAR	First Trust Alternative Absolute Return Strategy ETF	-0.30

Frequently asked questions about VMAR correlations

Which stocks are most correlated with VMAR?: Based on one year of daily returns, the stocks most correlated with Vision Marine Technologies Inc. Common Shares (VMAR) are CPAC (0.47), RILYL (0.41) and RILY (0.37). 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 VMAR?: Over the past year, the stocks most inversely correlated with Vision Marine Technologies Inc. Common Shares (VMAR) are MANI (-0.33), AVGB (-0.32) and INDY (-0.30). 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 VMAR correlations calculated?: We compute the correlation of daily returns between VMAR 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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