Which stocks are most correlated with YALA?

Based on one year of daily returns, the stocks most correlated with Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA) are SOCL (0.44), GINN (0.42) and DTEC (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 YALA?

Over the past year, the stocks most inversely correlated with Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA) are WEBS (-0.40), SARK (-0.37) and QQQD (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA) — Stock Correlations & Overview

Over the past year, YALA has moved most closely with SOCL, GINN, DTEC. Explore the stocks most correlated and inversely correlated with YALA below, along with its price, financials, and company profile.

Stocks correlated with YALA

Correlation of daily returns. Higher positive values move with YALA; negative values move opposite it. Informational only, not investment advice.

Most correlated with YALA

Symbol	Company	Correlation
SOCL	Global X Funds Global X Social Media ETF	0.44
GINN	Goldman Sachs Innovate Equity ETF	0.42
DTEC	ALPS Disruptive Technologies ETF	0.41
GFGF	Guru Favorite Stocks ETF	0.41
PNQI	Invesco NASDAQ Internet ETF	0.41

Most inversely correlated with YALA

Symbol	Company	Correlation
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.40
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.37
QQQD	Direxion Daily Magnificent 7 Bear 1X ETF	-0.37
QQDN	ProShares Trust ProShares UltraShort QQQ Mega	-0.35
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.34

Frequently asked questions about YALA correlations

Which stocks are most correlated with YALA?: Based on one year of daily returns, the stocks most correlated with Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA) are SOCL (0.44), GINN (0.42) and DTEC (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 YALA?: Over the past year, the stocks most inversely correlated with Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA) are WEBS (-0.40), SARK (-0.37) and QQQD (-0.37). 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 YALA correlations calculated?: We compute the correlation of daily returns between YALA 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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