38 Stocks and 62 ETFs for diversifying Newpark Resources (NPKI)
The least correlated asset to Newpark Resources (NPKI) is company Shoulder Innovations (SI). The correlation is -0.8013.
Stocks that lowly correlated with NPKI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.80 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.78 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.76 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.72 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.70 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.64 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.64 |
| IOTR | iOThree Ltd | $13M | Communication Services | Telecom Services | -0.64 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.61 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.60 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.59 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.58 |
| BULL | Webull Corporation | $3.05B | Technology | Software - Application | -0.57 |
| TLIH | Ten League International Holdings Ltd | $17M | Industrials | Industrial Distribution | -0.54 |
| PEW | GrabAGun Digital Holdings Inc | $75M | Industrials | Aerospace & Defense | -0.54 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.51 |
| TGHL | Growhub Ltd (The) - Class A | $19M | Technology | Software - Infrastructure | -0.51 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.51 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.50 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.49 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.48 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.48 |
| RAAQ | Real Asset Acquisition Corp - Class A | $231M | Financial Services | Shell Companies | -0.47 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.46 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.44 |
| WYHG | Wing Yip Food Holdings Group Ltd | $59M | Consumer Defensive | Packaged Foods | -0.43 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.43 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.42 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.41 |
| WAI | Top KingWin Ltd - Class A | $5.90M | Financial Services | Capital Markets | -0.41 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.40 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.40 |
| LINE | Lineage Inc | $9.99B | Real Estate | Reit - Industrial | -0.40 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.39 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.38 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.38 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.37 |
| ADVB | Advanced Biomed Inc | $7.21M | Healthcare | Diagnostics & Research | -0.36 |