18 Stock and 82 ETF Magic Software Enterprises (MGIC) alternatives
The most close Magic Software Enterprises (MGIC) alternative is company Formula Systems (1985) (FORTY). The correlation is 0.7541.
Stocks that highly correlated with MGIC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| FORTY | Formula Systems (1985) Ltd | $1.94B | Technology | Information Technology Services | 0.75 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | 0.72 |
| DXST | Decent Holding Inc | $1.65M | Industrials | Waste Management | 0.70 |
| CLBR | Colombier Acquisition Corp II - Class A | $366M | Financials | Investment Holding Companies | 0.69 |
| ARAI | Arrive AI Inc | $26M | Technology | Scientific & Technical Instruments | 0.69 |
| ASPC | Alpha Capital Acquisition Co - Class A | $17M | Financial Services | Shell Companies | 0.66 |
| MAMO | Massimo Group | $42M | Consumer Cyclical | Recreational Vehicles | 0.65 |
| ASPCU | A SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $19M | Financial Services | Shell Companies | 0.64 |
| TRMB | Trimble Inc | $13B | Technology | Scientific & Technical Instruments | 0.63 |
| NNNN | Anbio Biotechnology - Class A | $1.43B | Healthcare | Medical Instruments & Supplies | 0.62 |
| TANNL | TravelCenters of America Inc | $364M | N/A | N/A | 0.59 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $183M | Financial Services | Shell Companies | 0.59 |
| VENU | Venu Holding Corp | $222M | Consumer Cyclical | Restaurants | 0.59 |
| VZLA | Vizsla Silver Corp | $1.25B | Basic Materials | Other Industrial Metals & Mining | 0.58 |
| ALTS | ALT5 Sigma Corporation Common Stock | $4.90B | Technology | Software - Application | 0.58 |
| CRL | Charles River Laboratories International Inc | $7.92B | Healthcare | Diagnostics & Research | 0.57 |
| COWNL | Cowen Inc | $796M | N/A | N/A | 0.57 |
| TANNZ | TravelCenters of America Inc | $367M | N/A | N/A | 0.57 |