52 Stocks and 48 ETFs for diversifying Melco Resorts & Entertainment (MLCO)
The least correlated asset to Melco Resorts & Entertainment (MLCO) is company New Providence Acquisition Corp III (NPAC). The correlation is -0.8315.
Stocks that lowly correlated with MLCO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| NPAC | New Providence Acquisition Corp III - Class A | $398M | Financial Services | Shell Companies | -0.83 |
| GTERA | Globa Terra Acquisition Corporation Class A | $246M | Financial Services | Shell Companies | -0.67 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.67 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.62 |
| SCAG | Scage Future | $25M | Industrials | Farm & Heavy Construction Machinery | -0.61 |
| TVAI | Thayer Ventures Acquisition Corporation II | $208M | Financial Services | Shell Companies | -0.59 |
| NAMM | Namib Minerals. | $87M | Basic Materials | Gold | -0.58 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $78M | Financial Services | Shell Companies | -0.57 |
| VINO | N/A | $1.32M | Real Estate | Real Estate - Diversified | -0.57 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.54 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.52 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.51 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.51 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.51 |
| FTRK | Fast Track Group. | $9.53M | Communication Services | Entertainment | -0.50 |
| MCRP | Micropolis Holding Company | $42M | Technology | Computer Hardware | -0.48 |
| CEPF | Cantor Equity Partners IV Inc - Class A | $597M | Financial Services | Shell Companies | -0.47 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.47 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $263M | Financial Services | Shell Companies | -0.47 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $180M | Financial Services | Shell Companies | -0.46 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| PELIR | Pelican Acquisition Corp | $2.80M | N/A | N/A | -0.46 |
| CFG-P-I | Citizens Financial Group Inc | $11B | N/A | N/A | -0.46 |
| VOYG | Voyager Technologies Inc - Class A | $1.55B | Industrials | Aerospace & Defense | -0.46 |
| CCII | Cohen Circle Acquisition Corp II - Class A | $269M | Financial Services | Shell Companies | -0.45 |
| OBA | Oxley Bridge Acquisition Ltd - Class A | $260M | Financial Services | Shell Companies | -0.45 |
| EVAC | EDWARDS GROUP LTD Foreign | $597M | Financial Services | Shell Companies | -0.44 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.44 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.43 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.43 |
| CEPT | Cantor Equity Partners II Inc - Class A | $284M | Financial Services | Shell Companies | -0.42 |
| HVMCU | Highview Merger Corp - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.41 |
| TBN | Tamboran Resources Corp | $774M | Energy | Oil & Gas E&p | -0.41 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.40 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.39 |
| CGTL | Creative Global Technology Holdings Ltd | $6.84M | Consumer Cyclical | Specialty Retail | -0.39 |
| JENA | Jena Acquisition Corporation II Class A | $242M | Financial Services | Shell Companies | -0.39 |
| AAUC | Allied Gold Corporation | $2.75B | Basic Materials | Gold | -0.39 |
| PRMB | Primo Brands Corp - Class A | $9.12B | Consumer Defensive | Beverages - Non-alcoholic | -0.38 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.38 |
| METCI | Ramaco Resources Inc | $1.12B | N/A | N/A | -0.38 |
| OXSQH | Oxford Square Capital Corp | $2.35B | N/A | N/A | -0.38 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.38 |
| YMT | Yimutian Inc | $111M | Technology | Software - Application | -0.37 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.37 |
| PMTR | Perimeter Acquisition Corp I - Class A | $258M | Financial Services | Shell Companies | -0.36 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.36 |
| TE-WS | T1 Energy Inc Wt Exp | $19M | N/A | N/A | -0.36 |
| PFAI | Pinnacle Food Group Ltd - Class A | $43M | Consumer Defensive | Farm Products | -0.36 |
| SUGP | SU Group Holdings Ltd - Class A | $5.51M | Industrials | Security & Protection Services | -0.36 |
| GRND | Grindr Inc - Class A | $2.79B | Technology | Software - Application | -0.35 |
| SDHI | Siddhi Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.35 |