XWELL, Inc. Common Stock (XWEL) — Stock Correlations & Overview
Over the past year, XWEL has moved most closely with RCKY, YOU, RYAM. Explore the stocks most correlated and inversely correlated with XWEL below, along with its price, financials, and company profile.
Stocks correlated with XWEL
Correlation of daily returns. Higher positive values move with XWEL; negative values move opposite it. Informational only, not investment advice.
Most correlated with XWEL
| Symbol | Company | Correlation |
|---|---|---|
| RCKY | Rocky Brands, Inc.FOOTWEAR, (NO RUBBER) | 0.53 |
| YOU | Clear Secure, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.47 |
| RYAM | Rayonier Advanced Materials Inc.PULP MILLS | 0.41 |
| LRMR | Larimar Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.39 |
| CAVA | CAVA Group, Inc.RETAIL-EATING PLACES | 0.34 |
Most inversely correlated with XWEL
| Symbol | Company | Correlation |
|---|---|---|
| TLF | Tandy Leather Factory, Inc. Common StockLEATHER & LEATHER PRODUCTS | -0.57 |
| ODD | ODDITY Tech Ltd. Class A Ordinary Shares | -0.54 |
| MNKD | Mannkind CorporationPHARMACEUTICAL PREPARATIONS | -0.49 |
| CRCD | T-REX 2X Inverse CRCL Daily Target ETF | -0.46 |
| DRVN | Driven Brands Holdings Inc. Common StockSERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING | -0.44 |
Frequently asked questions about XWEL correlations
- Which stocks are most correlated with XWEL?
- Based on one year of daily returns, the stocks most correlated with XWELL, Inc. Common Stock (XWEL) are RCKY (0.53), YOU (0.47) and RYAM (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 XWEL?
- Over the past year, the stocks most inversely correlated with XWELL, Inc. Common Stock (XWEL) are TLF (-0.57), ODD (-0.54) and MNKD (-0.49). 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 XWEL correlations calculated?
- We compute the correlation of daily returns between XWEL 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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