WISeKey International Holding AG American Depositary Shares (WKEY) — Stock Correlations & Overview
Over the past year, WKEY has moved most closely with LAES, WQTM, RGTX. Explore the stocks most correlated and inversely correlated with WKEY below, along with its price, financials, and company profile.
Stocks correlated with WKEY
Correlation of daily returns. Higher positive values move with WKEY; negative values move opposite it. Informational only, not investment advice.
Most correlated with WKEY
| Symbol | Company | Correlation |
|---|---|---|
| LAES | SEALSQ Corp Ordinary Shares | 0.70 |
| WQTM | WisdomTree Quantum Computing Fund | 0.67 |
| RGTX | Defiance Daily Target 2X Long RGTI ETF | 0.63 |
| RGTU | Tradr 2X Long RGTI Daily ETF | 0.63 |
| BUZZ | VanEck Social Sentiment ETF | 0.63 |
Most inversely correlated with WKEY
| Symbol | Company | Correlation |
|---|---|---|
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.61 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.60 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.55 |
| TWM | ProShares UltraShort Russell2000 | -0.55 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.55 |
Frequently asked questions about WKEY correlations
- Which stocks are most correlated with WKEY?
- Based on one year of daily returns, the stocks most correlated with WISeKey International Holding AG American Depositary Shares (WKEY) are LAES (0.70), WQTM (0.67) and RGTX (0.63). 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 WKEY?
- Over the past year, the stocks most inversely correlated with WISeKey International Holding AG American Depositary Shares (WKEY) are RGTZ (-0.61), QBTZ (-0.60) and TZA (-0.55). 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 WKEY correlations calculated?
- We compute the correlation of daily returns between WKEY 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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