XChange TEC.INC American Depositary Shares (XHG) — Stock Correlations & Overview
Over the past year, XHG has moved most closely with AHTpG, ARX, FGI. Explore the stocks most correlated and inversely correlated with XHG below, along with its price, financials, and company profile.
Stocks correlated with XHG
Correlation of daily returns. Higher positive values move with XHG; negative values move opposite it. Informational only, not investment advice.
Most correlated with XHG
| Symbol | Company | Correlation |
|---|---|---|
| AHTpG | Ashford Hospitality Trust, Inc 7.375% Series G Cumulative Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.47 |
| ARX | Accelerant HoldingsINSURANCE AGENTS, BROKERS & SERVICE | 0.41 |
| FGI | FGI Industries Ltd. Ordinary SharesHEATING EQUIP, EXCEPT ELEC & WARM AIR; & PLUMBING FIXTURES | 0.41 |
| CURI | CuriosityStream Inc. Class A Common StockSERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION | 0.40 |
| AVAH | Aveanna Healthcare Holdings Inc. Common StockSERVICES-HOME HEALTH CARE SERVICES | 0.37 |
Most inversely correlated with XHG
| Symbol | Company | Correlation |
|---|---|---|
| CLBT | Cellebrite DI Ltd. Class A Ordinary Shares | -0.42 |
| TPR | Tapestry, Inc. Common StockLEATHER & LEATHER PRODUCTS | -0.32 |
| SKYH.WS | Sky Harbour Group Corporation Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per shareREAL ESTATE | -0.31 |
| DKL | DELEK LOGISTICS PARTNERS, LPPIPE LINES (NO NATURAL GAS) | -0.31 |
| CRWS | Crown Crafts IncBROADWOVEN FABRIC MILLS, COTTON | -0.31 |
Frequently asked questions about XHG correlations
- Which stocks are most correlated with XHG?
- Based on one year of daily returns, the stocks most correlated with XChange TEC.INC American Depositary Shares (XHG) are AHTpG (0.47), ARX (0.41) and FGI (0.41). 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 XHG?
- Over the past year, the stocks most inversely correlated with XChange TEC.INC American Depositary Shares (XHG) are CLBT (-0.42), TPR (-0.32) and SKYH.WS (-0.31). 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 XHG correlations calculated?
- We compute the correlation of daily returns between XHG 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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