Wellchange Holdings Company Limited Class A Ordinary shares (WCT) — Stock Correlations & Overview
Over the past year, WCT has moved most closely with XOS, FNGR, YMAT. Explore the stocks most correlated and inversely correlated with WCT below, along with its price, financials, and company profile.
Stocks correlated with WCT
Correlation of daily returns. Higher positive values move with WCT; negative values move opposite it. Informational only, not investment advice.
Most correlated with WCT
| Symbol | Company | Correlation |
|---|---|---|
| XOS | Xos, Inc. Common StockMOTOR VEHICLE PARTS & ACCESSORIES | 0.49 |
| FNGR | FingerMotion, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | 0.29 |
| YMAT | J-Star Holding Co., Ltd. Class A Ordinary Shares | 0.29 |
| QMCO | Quantum CorporationCOMPUTER STORAGE DEVICES | 0.24 |
| DRTS | Alpha Tau Medical Ltd. Ordinary Shares | 0.24 |
Most inversely correlated with WCT
| Symbol | Company | Correlation |
|---|---|---|
| LSE | Leishen Energy Holding Co., Ltd. Class A Ordinary Shares | -0.26 |
| CGNT | Cognyte Software Ltd. Ordinary Shares | -0.26 |
| PBFS | Pioneer Bancorp, Inc. Common StockSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | -0.24 |
| AMHpH | American Homes 4 Rent Series H cumulative redeemable perpetual Preferred Shares of Beneficial InterestREAL ESTATE INVESTMENT TRUSTS | -0.21 |
| MYPS | PLAYSTUDIOS, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | -0.21 |
Frequently asked questions about WCT correlations
- Which stocks are most correlated with WCT?
- Based on one year of daily returns, the stocks most correlated with Wellchange Holdings Company Limited Class A Ordinary shares (WCT) are XOS (0.49), FNGR (0.29) and YMAT (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 WCT?
- Over the past year, the stocks most inversely correlated with Wellchange Holdings Company Limited Class A Ordinary shares (WCT) are LSE (-0.26), CGNT (-0.26) and PBFS (-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 WCT correlations calculated?
- We compute the correlation of daily returns between WCT 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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