Vuzix Corporation (VUZI) — Stock Correlations & Overview
Over the past year, VUZI has moved most closely with VERS, KOMP, ARKQ. Explore the stocks most correlated and inversely correlated with VUZI below, along with its price, financials, and company profile.
Stocks correlated with VUZI
Correlation of daily returns. Higher positive values move with VUZI; negative values move opposite it. Informational only, not investment advice.
Most correlated with VUZI
| Symbol | Company | Correlation |
|---|---|---|
| VERS | ProShares Metaverse ETF | 0.56 |
| KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | 0.52 |
| ARKQ | ARK Autonomous Technology & Robotics ETF | 0.51 |
| ARKX | ARK Space & Defense Innovation ETF | 0.51 |
| HAIL | State Street SPDR S&P Kensho Smart Mobility ETF | 0.50 |
Most inversely correlated with VUZI
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.46 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | -0.45 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.44 |
| SPXS | Direxion Daily S&P 500 Bear 3x ETF | -0.44 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.43 |
Frequently asked questions about VUZI correlations
- Which stocks are most correlated with VUZI?
- Based on one year of daily returns, the stocks most correlated with Vuzix Corporation (VUZI) are VERS (0.56), KOMP (0.52) and ARKQ (0.51). 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 VUZI?
- Over the past year, the stocks most inversely correlated with Vuzix Corporation (VUZI) are SARK (-0.46), SPDN (-0.45) and TZA (-0.44). 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 VUZI correlations calculated?
- We compute the correlation of daily returns between VUZI 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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