WhiteFiber, Inc. Ordinary Shares (WYFI) — Stock Correlations & Overview
Over the past year, WYFI has moved most closely with BTBT, WGMI, NODE. Explore the stocks most correlated and inversely correlated with WYFI below, along with its price, financials, and company profile.
Stocks correlated with WYFI
Correlation of daily returns. Higher positive values move with WYFI; negative values move opposite it. Informational only, not investment advice.
Most correlated with WYFI
| Symbol | Company | Correlation |
|---|---|---|
| BTBT | Bit Digital, Inc. Ordinary SharesFINANCE SERVICES | 0.75 |
| WGMI | CoinShares ETF Trust CoinShares Bitcoin Mining and Digital Power ETF | 0.71 |
| NODE | VanEck Onchain Economy ETF | 0.71 |
| MNRS | Grayscale Bitcoin Miners ETF | 0.71 |
| DECO | SSGA Active Trust State Street Galaxy Digital Asset Ecosystem ETF | 0.70 |
Most inversely correlated with WYFI
| Symbol | Company | Correlation |
|---|---|---|
| CORD | T-REX 2X Inverse CRWV Daily Target ETF | -0.61 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.56 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.54 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.54 |
| TECS | Direxion Daily Technology Bear 3x ETF | -0.54 |
Frequently asked questions about WYFI correlations
- Which stocks are most correlated with WYFI?
- Based on one year of daily returns, the stocks most correlated with WhiteFiber, Inc. Ordinary Shares (WYFI) are BTBT (0.75), WGMI (0.71) and NODE (0.71). 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 WYFI?
- Over the past year, the stocks most inversely correlated with WhiteFiber, Inc. Ordinary Shares (WYFI) are CORD (-0.61), RGTZ (-0.56) and TSXD (-0.54). 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 WYFI correlations calculated?
- We compute the correlation of daily returns between WYFI 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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