Yatsen Holding Limited American Depositary Shares, each representing twenty (20) Class A Ordinary Shares (YSG) — Stock Correlations & Overview
Over the past year, YSG has moved most closely with RZLT, FNDE, OXM. Explore the stocks most correlated and inversely correlated with YSG below, along with its price, financials, and company profile.
Stocks correlated with YSG
Correlation of daily returns. Higher positive values move with YSG; negative values move opposite it. Informational only, not investment advice.
Most correlated with YSG
| Symbol | Company | Correlation |
|---|---|---|
| RZLT | Rezolute, Inc. Common Stock (NV)PHARMACEUTICAL PREPARATIONS | 0.42 |
| FNDE | Schwab Fundamental Emerging Markets Equity ETF | 0.37 |
| OXM | Oxford Industries, Inc.MEN'S & BOYS' FURNISHGS, WORK CLOTHG, & ALLIED GARMENTS | 0.35 |
| SCHE | Schwab Emerging Markets Equity ETF | 0.35 |
| FNDC | Schwab Fundamental International Small Equity ETF | 0.34 |
Most inversely correlated with YSG
| Symbol | Company | Correlation |
|---|---|---|
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.26 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.26 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.26 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.25 |
| EFZ | ProShares Trust Short MSCI EAFE | -0.25 |
Frequently asked questions about YSG correlations
- Which stocks are most correlated with YSG?
- Based on one year of daily returns, the stocks most correlated with Yatsen Holding Limited American Depositary Shares, each representing twenty (20) Class A Ordinary Shares (YSG) are RZLT (0.42), FNDE (0.37) and OXM (0.35). 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 YSG?
- Over the past year, the stocks most inversely correlated with Yatsen Holding Limited American Depositary Shares, each representing twenty (20) Class A Ordinary Shares (YSG) are EEV (-0.26), EDZ (-0.26) and SARK (-0.26). 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 YSG correlations calculated?
- We compute the correlation of daily returns between YSG 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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