WF International Limited Ordinary Shares (WXM) — Stock Correlations & Overview
Over the past year, WXM has moved most closely with PLAG, TREX, PRGO. Explore the stocks most correlated and inversely correlated with WXM below, along with its price, financials, and company profile.
Stocks correlated with WXM
Correlation of daily returns. Higher positive values move with WXM; negative values move opposite it. Informational only, not investment advice.
Most correlated with WXM
| Symbol | Company | Correlation |
|---|---|---|
| PLAG | Planet Green Holdings Corp.CANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES | 0.45 |
| TREX | Trex Company, Inc.LUMBER & WOOD PRODUCTS (NO FURNITURE) | 0.37 |
| PRGO | PERRIGO COMPANY PLCPHARMACEUTICAL PREPARATIONS | 0.32 |
| TISI | Team, Inc.SERVICES-MISCELLANEOUS REPAIR SERVICES | 0.31 |
| MIMI | Mint Incorporation Limited Class A Ordinary Shares | 0.30 |
Most inversely correlated with WXM
| Symbol | Company | Correlation |
|---|---|---|
| MTC | MMTec, Inc. Common Shares | -0.36 |
| RIGL | Rigel Pharmaceuticals Inc. (New)PHARMACEUTICAL PREPARATIONS | -0.29 |
| KMT | Kennametal Inc.MACHINE TOOLS, METAL CUTTING TYPES | -0.26 |
| XTNT | Xtant Medical Holdings, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.26 |
| RMCF | Rocky Mountain Chocolate Factory, Inc. Common StockSUGAR & CONFECTIONERY PRODUCTS | -0.26 |
Frequently asked questions about WXM correlations
- Which stocks are most correlated with WXM?
- Based on one year of daily returns, the stocks most correlated with WF International Limited Ordinary Shares (WXM) are PLAG (0.45), TREX (0.37) and PRGO (0.32). 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 WXM?
- Over the past year, the stocks most inversely correlated with WF International Limited Ordinary Shares (WXM) are MTC (-0.36), RIGL (-0.29) and KMT (-0.26). 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 WXM correlations calculated?
- We compute the correlation of daily returns between WXM 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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