Yuanbao Inc. American Depositary Shares (YB) — Stock Correlations & Overview
Over the past year, YB has moved most closely with HOYY, SERV, HOOY. Explore the stocks most correlated and inversely correlated with YB below, along with its price, financials, and company profile.
Stocks correlated with YB
Correlation of daily returns. Higher positive values move with YB; negative values move opposite it. Informational only, not investment advice.
Most correlated with YB
| Symbol | Company | Correlation |
|---|---|---|
| HOYY | GraniteShares YieldBOOST HOOD ETF | 0.29 |
| SERV | Serve Robotics Inc. Common StockGENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC | 0.29 |
| HOOY | YieldMax HOOD Option Income Strategy ETF | 0.27 |
| WIMI | WiMi Hologram Cloud Inc. Class B Ordinary Shares | 0.27 |
| RDYY | YieldMax RDDT Option Income Strategy ETF | 0.27 |
Most inversely correlated with YB
| Symbol | Company | Correlation |
|---|---|---|
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.24 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.23 |
| SETH | ProShares Short Ether ETF | -0.23 |
| BITI | ProShares Short Bitcoin ETF | -0.22 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.22 |
Frequently asked questions about YB correlations
- Which stocks are most correlated with YB?
- Based on one year of daily returns, the stocks most correlated with Yuanbao Inc. American Depositary Shares (YB) are HOYY (0.29), SERV (0.29) and HOOY (0.27). 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 YB?
- Over the past year, the stocks most inversely correlated with Yuanbao Inc. American Depositary Shares (YB) are SLTY (-0.24), CONI (-0.23) and SETH (-0.23). 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 YB correlations calculated?
- We compute the correlation of daily returns between YB 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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