Stock Correlation Analysis

Loaded basket: Medical Devices (12 stocks)

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Time Period: 90 days (Jul 18, 2026 to Oct 16, 2026)

Data Period: Daily

Stocks:

002901.SHE 0853.HK 1066.HK 1789.HK GMED.US INTE.US JNJ.US MDT.US OFIX.US SNN.US SYK.US ZBH.US

Correlation Matrix

How to read: Values range from -1 to +1. A correlation of +1 means perfect positive correlation, -1 means perfect negative correlation, and 0 means no correlation.

002901.SHE 0853.HK 1066.HK 1789.HK GMED.US INTE.US JNJ.US MDT.US OFIX.US SNN.US SYK.US ZBH.US
002901.SHE 1.000 0.333 0.321 0.157 0.045 0.000 0.157 0.010 0.111 0.070 0.097 -0.043
0853.HK 0.333 1.000 0.077 0.252 0.020 0.000 -0.138 -0.015 0.009 0.001 -0.092 -0.138
1066.HK 0.321 0.077 1.000 0.345 0.226 0.000 -0.086 0.124 0.184 0.239 0.170 0.046
1789.HK 0.157 0.252 0.345 1.000 0.126 0.000 0.023 0.064 0.011 0.133 -0.044 0.059
GMED.US 0.045 0.020 0.226 0.126 1.000 0.000 0.260 0.560 0.513 0.505 0.722 0.642
INTE.US 0.000 0.000 0.000 0.000 0.000 1.000 0.000 0.000 0.000 0.000 0.000 0.000
JNJ.US 0.157 -0.138 -0.086 0.023 0.260 0.000 1.000 0.300 0.130 0.154 0.183 0.264
MDT.US 0.010 -0.015 0.124 0.064 0.560 0.000 0.300 1.000 0.370 0.576 0.525 0.680
OFIX.US 0.111 0.009 0.184 0.011 0.513 0.000 0.130 0.370 1.000 0.329 0.382 0.313
SNN.US 0.070 0.001 0.239 0.133 0.505 0.000 0.154 0.576 0.329 1.000 0.552 0.580
SYK.US 0.097 -0.092 0.170 -0.044 0.722 0.000 0.183 0.525 0.382 0.552 1.000 0.703
ZBH.US -0.043 -0.138 0.046 0.059 0.642 0.000 0.264 0.680 0.313 0.580 0.703 1.000

Legend

1.000 Perfect correlation (same stock) ≥ 0.700 High correlation 0.400 - 0.699 Medium correlation 0.000 - 0.399 Low correlation < 0.000 Negative correlation

Stock Price Data

Format: Date on the left, stock prices in columns. This view shows the raw price data used for correlation calculations.

Date 002901.SHE 0853.HK 1066.HK 1789.HK GMED.US INTE.US JNJ.US MDT.US OFIX.US SNN.US SYK.US ZBH.US
2026-07-20 $45.14 $7.00 $3.46 $5.81 $76.01 $10.40 $248.82 $83.29 $11.56 $30.43 $319.14 $89.72
2026-07-21 $44.33 $7.05 $3.45 $5.81 $76.09 $10.40 $250.61 $82.35 $11.63 $30.21 $314.58 $88.92
2026-07-22 $43.84 $6.93 $3.27 $5.77 $75.50 $10.40 $255.63 $81.89 $11.02 $29.94 $309.24 $88.68
2026-07-23 $43.58 $6.82 $3.29 $5.61 $75.42 $10.40 $259.27 $82.01 $10.96 $29.77 $318.97 $89.65
2026-07-24 $43.49 $6.56 $3.26 $5.43 $76.49 $10.40 $263.40 $83.21 $11.25 $30.57 $330.25 $91.35
2026-07-27 $44.43 $6.72 $3.29 $5.35 $78.25 $10.40 $265.95 $84.22 $11.90 $31.12 $336.74 $92.07
2026-07-28 $43.49 $6.67 $3.36 $5.49 $80.58 $10.40 $266.73 $86.88 $12.26 $32.56 $346.60 $95.75
2026-07-29 $44.44 $6.89 $3.39 $5.57 $81.42 $10.40 $265.53 $87.54 $12.17 $32.66 $352.25 $97.15
2026-07-30 $44.21 $6.70 $3.44 $5.46 $80.26 $10.40 $255.82 $85.71 $11.79 $32.33 $348.04 $94.96
2026-07-31 $43.20 $6.72 $3.36 $5.51 $78.79 $10.40 $256.35 $85.39 $11.80 $31.56 $325.70 $93.93
2026-08-03 $42.70 $6.76 $3.41 $5.66 $81.46 $10.40 $254.41 $86.68 $12.26 $32.15 $341.20 $96.98
2026-08-04 $43.20 $6.88 $3.41 $5.73 $81.51 $10.40 $254.93 $86.20 $12.20 $30.44 $335.96 $95.81
2026-08-05 $43.42 $6.81 $3.39 $5.68 $80.54 $10.40 $257.59 $85.99 $10.42 $30.13 $337.03 $98.16
2026-08-06 $43.28 $6.54 $3.42 $5.60 $81.08 $10.40 $256.98 $85.92 $10.60 $29.69 $337.43 $97.19
2026-08-07 $44.55 $6.93 $3.44 $5.64 $82.35 $10.40 $259.24 $87.16 $10.28 $30.11 $339.03 $96.55
2026-08-10 $44.20 $6.84 $3.45 $5.77 $86.15 $10.40 $261.81 $89.41 $10.26 $30.08 $345.81 $97.78
2026-08-11 $44.43 $7.03 $3.39 $5.71 $85.15 $10.40 $259.80 $90.68 $10.32 $30.01 $348.15 $97.23
2026-08-12 $45.43 $7.21 $3.40 $5.78 $85.67 $10.40 $260.86 $90.76 $10.40 $29.84 $347.21 $97.89
2026-08-13 $45.25 $6.95 $3.48 $5.84 $85.94 $10.40 $262.08 $90.58 $10.18 $30.11 $341.09 $99.57
2026-08-14 $44.85 $6.80 $3.43 $5.81 $85.90 $10.40 $260.35 $91.27 $10.34 $29.81 $339.21 $100.65
2026-08-17 $43.95 $6.73 $3.51 $5.90 $85.12 $10.40 $262.37 $90.60 $10.03 $29.68 $331.68 $98.20
2026-08-18 $44.00 $6.67 $3.49 $5.96 $86.44 $10.40 $271.11 $92.09 $10.22 $30.19 $331.37 $99.15
2026-08-19 $43.70 $6.40 $3.48 $5.80 $88.34 $10.40 $273.41 $94.13 $10.48 $29.31 $339.98 $100.74
2026-08-20 $44.40 $6.71 $3.52 $5.93 $85.67 $10.40 $267.37 $92.30 $10.01 $29.04 $327.70 $98.97
2026-08-21 $44.21 $6.59 $3.49 $5.91 $86.91 $10.40 $270.24 $93.35 $10.01 $29.26 $329.45 $100.98
2026-08-24 $45.51 $6.26 $3.44 $5.89 $84.08 $10.40 $273.04 $92.90 $9.79 $29.62 $327.81 $100.98
2026-08-25 $45.77 $6.24 $3.48 $5.91 $82.96 $10.40 $273.14 $91.14 $9.64 $29.22 $330.59 $100.24
2026-08-26 $46.09 $6.29 $3.35 $5.80 $83.10 $10.40 $270.00 $92.02 $9.75 $29.30 $329.67 $101.38
2026-08-27 $45.37 $6.31 $3.27 $5.40 $82.54 $10.40 $265.77 $89.97 $9.63 $29.13 $322.12 $99.48
2026-08-28 $45.18 $6.24 $3.29 $5.11 $82.97 $10.40 $268.04 $91.23 $9.70 $28.97 $330.69 $100.91
2026-08-31 $41.88 $6.08 $3.22 $5.10 $81.37 $10.40 $265.85 $90.65 $9.39 $28.76 $323.80 $100.04
2026-09-01 $41.43 $6.08 $3.26 $5.07 $80.48 $10.40 $271.19 $92.04 $9.43 $28.97 $317.40 $99.40
2026-09-02 $40.81 $6.08 $3.23 $4.93 $80.66 $10.40 $275.21 $92.18 $9.38 $28.66 $312.19 $99.50
2026-09-03 $41.18 $6.08 $3.22 $4.95 $78.12 $10.40 $278.43 $93.10 $9.31 $28.69 $307.99 $98.92
2026-09-04 $41.22 $6.08 $3.27 $5.02 $78.29 $10.40 $275.23 $94.17 $9.29 $28.87 $303.13 $98.07
2026-09-07 $40.82 $6.08 $3.23 $5.00 N/A N/A N/A N/A N/A N/A N/A N/A
2026-09-08 $40.99 $6.08 $3.25 $4.91 $75.04 $10.40 $269.12 $92.39 $9.15 $27.87 $276.43 $94.22
2026-09-09 $40.24 $6.08 $3.24 $4.91 $74.52 $10.40 $267.08 $91.89 $8.91 $27.80 $275.39 $94.61
2026-09-10 $39.83 $6.08 $3.14 $4.94 $73.56 $10.40 $266.35 $91.62 $8.69 $27.62 $270.01 $92.44
2026-09-11 $38.70 $6.08 $3.09 $4.92 $74.19 $10.40 $265.58 $90.96 $8.93 $27.50 $275.56 $93.49
2026-09-14 $39.25 $6.08 $3.17 $4.91 $75.77 $10.40 $266.32 $93.80 $9.11 $28.40 $281.87 $96.54
2026-09-15 $39.17 $6.08 $3.17 $4.88 $74.69 $10.40 $267.20 $93.75 $9.09 $28.01 $281.50 $98.41
2026-09-16 $38.68 $6.08 $3.13 $4.86 $75.26 $10.40 $267.28 $92.60 $8.90 $27.80 $284.76 $96.78
2026-09-17 $38.69 $6.08 $3.16 $4.84 $74.16 $10.40 $270.22 $92.77 $8.64 $27.78 $280.13 $94.25
2026-09-18 $38.84 $6.08 $3.16 $4.87 $74.08 $10.40 $269.99 $92.13 $8.71 $27.56 $275.12 $95.36
2026-09-21 $39.62 $6.08 $3.26 $4.92 $74.29 $10.40 $269.47 $91.75 $8.95 $27.69 $274.19 $94.32
2026-09-22 $40.57 $6.08 $3.27 $4.94 $75.19 $10.40 $269.19 $90.77 $8.98 $27.50 $275.09 $93.98
2026-09-23 $41.72 $6.08 $3.30 $4.91 $73.96 $10.40 $269.17 $89.30 $9.18 $26.82 $273.40 $90.88
2026-09-24 $41.34 $6.08 $3.26 $4.81 $74.27 $10.40 $270.68 $88.51 $9.16 $26.68 $269.75 $89.69
2026-09-25 N/A $6.08 $3.20 $4.74 $74.52 $10.40 $271.22 $88.64 $9.44 $26.91 $272.36 $91.04
2026-09-28 $41.30 $6.08 $3.26 $4.84 $74.78 $10.40 $271.95 $89.50 $9.84 $27.08 $275.31 $91.62
2026-09-29 $40.56 $6.08 $3.25 $4.83 $75.69 $10.40 $267.57 $87.09 $9.75 $26.95 $278.77 $91.34
2026-09-30 $40.86 $6.08 $3.33 $4.87 $74.90 $10.40 $264.74 $86.29 $9.41 $26.96 $275.39 $88.83
2026-10-01 N/A N/A N/A N/A $74.41 $10.40 $258.66 $86.44 $9.21 $26.58 $272.96 $88.06
2026-10-02 N/A $6.08 $3.22 $4.67 $75.60 $10.40 $256.03 $86.38 $9.09 $26.42 $275.43 $88.29
2026-10-05 N/A $6.08 $3.21 $4.67 $76.57 $10.40 $252.93 $87.97 $9.50 $26.92 $285.22 $91.57
2026-10-06 N/A $6.08 $3.30 $4.75 $76.43 $10.40 $254.78 $87.09 $9.41 $26.87 $278.20 $89.68
2026-10-07 N/A $6.08 $3.25 $4.74 $73.75 $10.40 $258.45 $85.51 $9.20 $26.89 $275.40 $88.49
2026-10-08 $39.60 $6.08 $3.26 $4.74 $73.33 $10.40 $256.48 $87.75 $9.00 $26.96 $276.97 $88.88
2026-10-09 $40.08 $6.08 $3.31 $4.67 $74.65 $10.40 $261.44 $88.48 $9.17 $27.24 $277.33 $89.14
2026-10-12 $39.15 $6.08 $3.32 $4.59 $76.24 $10.40 $263.73 $91.93 $9.28 $27.67 $282.60 $92.17
2026-10-13 $38.93 $6.08 $3.39 $4.59 $76.32 $10.40 $248.61 $93.01 $9.26 $27.86 $282.55 $92.08
2026-10-14 $39.28 $6.08 $3.37 $4.56 $76.31 $10.40 $253.91 $94.23 $9.25 $27.88 $281.62 $91.77
2026-10-15 $39.50 $6.08 $3.35 $4.50 $78.84 $10.40 $253.28 $95.45 $9.59 $29.09 $293.23 $94.38
2026-10-16 $39.84 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A