Meiwu Technology Company Limited Ordinary Shares (WNW) — Stock Correlations & Overview
Over the past year, WNW has moved most closely with ALDX, TME, LNSR. Explore the stocks most correlated and inversely correlated with WNW below, along with its price, financials, and company profile.
Stocks correlated with WNW
Correlation of daily returns. Higher positive values move with WNW; negative values move opposite it. Informational only, not investment advice.
Most correlated with WNW
| Symbol | Company | Correlation |
|---|---|---|
| ALDX | Aldeyra Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | 0.50 |
| TME | Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares | 0.47 |
| LNSR | LENSAR, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.44 |
| CTMX | CytomX Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | 0.34 |
| IPM | Intelligent Protection Management Corp. Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.32 |
Most inversely correlated with WNW
| Symbol | Company | Correlation |
|---|---|---|
| JVA | Coffee Holding Co., Inc.MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS | -0.36 |
| CHCI | Comstock Holding Companies, Inc. Class AREAL ESTATE | -0.35 |
| AGRO | ADECOAGRO S.A. | -0.32 |
| LNAI | Lunai Bioworks Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.29 |
| ETS | Elite Express Holding Inc. Class A Common StockTRUCKING & COURIER SERVICES (NO AIR) | -0.23 |
Frequently asked questions about WNW correlations
- Which stocks are most correlated with WNW?
- Based on one year of daily returns, the stocks most correlated with Meiwu Technology Company Limited Ordinary Shares (WNW) are ALDX (0.50), TME (0.47) and LNSR (0.44). 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 WNW?
- Over the past year, the stocks most inversely correlated with Meiwu Technology Company Limited Ordinary Shares (WNW) are JVA (-0.36), CHCI (-0.35) and AGRO (-0.32). 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 WNW correlations calculated?
- We compute the correlation of daily returns between WNW 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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