Yiren Digital Ltd. (YRD) — Stock Correlations & Overview
Over the past year, YRD has moved most closely with ZKH, TWOpA, GLDI. Explore the stocks most correlated and inversely correlated with YRD below, along with its price, financials, and company profile.
Stocks correlated with YRD
Correlation of daily returns. Higher positive values move with YRD; negative values move opposite it. Informational only, not investment advice.
Most correlated with YRD
| Symbol | Company | Correlation |
|---|---|---|
| ZKH | ZKH Group Limited American Depositary Shares, each representing thirty-five (35) Class A Ordinary Shares | 0.36 |
| TWOpA | Two Harbors Investment Corp 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ($25.00 liquidation preference per share)REAL ESTATE INVESTMENT TRUSTS | 0.31 |
| GLDI | UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033 | 0.30 |
| DWSN | Dawson Geophysical Company New Common StockOIL & GAS FIELD EXPLORATION SERVICES | 0.30 |
| IAUI | NEOS Gold High Income ETF | 0.29 |
Most inversely correlated with YRD
| Symbol | Company | Correlation |
|---|---|---|
| SER | Serina Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | -0.31 |
| ELA | Envela CorporationRETAIL-JEWELRY STORES | -0.28 |
| LDRI | iShares iBonds 1-5 Year TIPS Ladder ETF | -0.27 |
| DULL | MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.25 |
| GLL | ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS | -0.25 |
Frequently asked questions about YRD correlations
- Which stocks are most correlated with YRD?
- Based on one year of daily returns, the stocks most correlated with Yiren Digital Ltd. (YRD) are ZKH (0.36), TWOpA (0.31) and GLDI (0.30). 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 YRD?
- Over the past year, the stocks most inversely correlated with Yiren Digital Ltd. (YRD) are SER (-0.31), ELA (-0.28) and LDRI (-0.27). 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 YRD correlations calculated?
- We compute the correlation of daily returns between YRD 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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