55 Stocks and 45 ETFs for diversifying PNM Resources (TXNM)
The least correlated asset to PNM Resources (TXNM) is company Growhub Ltd (The) (TGHL). The correlation is -0.7779.
Stocks that lowly correlated with TXNM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TGHL | Growhub Ltd (The) - Class A | $19M | Technology | Software - Infrastructure | -0.78 |
| CSAI | Cloudastructure Inc - Class A | $7.44M | Technology | Software - Infrastructure | -0.67 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.65 |
| ENGS | Energys Group Ltd | $12M | Industrials | Waste Management | -0.63 |
| HSPTR | Horizon Space Acquisition II Corp Right | $1M | N/A | N/A | -0.61 |
| IOTR | iOThree Ltd | $13M | Communication Services | Telecom Services | -0.59 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.59 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.59 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.58 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.58 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.57 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.56 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.56 |
| ZBAI | ATIF Holdings Ltd | $155M | Financial Services | Capital Markets | -0.54 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.54 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.51 |
| BULL | Webull Corporation | $3.05B | Technology | Software - Application | -0.51 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.50 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.46 |
| TOP | TOP Financial Group Ltd - Class A | $75M | Financial Services | Capital Markets | -0.45 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.45 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.45 |
| HCWC | Healthy Choice Wellness Corp - Class A | $4.94M | Consumer Defensive | Packaged Foods | -0.45 |
| EURK | Eureka Acquisition Corp - Class A | $34M | Financial Services | Shell Companies | -0.45 |
| SWVL | Swvl Holdings Corp - Class A | $15M | Industrials | Railroads | -0.44 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.44 |
| LINE | Lineage Inc | $9.99B | Real Estate | Reit - Industrial | -0.42 |
| BSAA | BEST SPAC I Acquisition Corp - Class A | $63M | Financial Services | Shell Companies | -0.42 |
| CCII | Cohen Circle Acquisition Corp II - Class A | $269M | Financial Services | Shell Companies | -0.41 |
| LBPH | Longboard Pharmaceuticals Inc | $2.34B | N/A | N/A | -0.41 |
| IBACR | IB Acquisition Corp | $489K | N/A | N/A | -0.41 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.41 |
| EURKU | Eureka Acquisition Corp - Units (1 Ord Class A & 1 Rts) | $53M | Financial Services | Shell Companies | -0.41 |
| DYCQR | DT Cloud Acquisition Corp | $474K | N/A | N/A | -0.40 |
| RVSN | Rail Vision Ltd | $9.27M | Industrials | Railroads | -0.40 |
| ADVB | Advanced Biomed Inc | $7.21M | Healthcare | Diagnostics & Research | -0.39 |
| DNTH | Dianthus Therapeutics Inc | $5.45B | Healthcare | Biotechnology | -0.39 |
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.39 |
| RDAG | Republic Digital Acquisition Co. - Class A | $311M | Financial Services | Shell Companies | -0.38 |
| CHPGU | ChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.38 |
| HMR | Sports Properties Acquisition Corp | $65M | Industrials | Marine Shipping | -0.38 |
| PCAP | Patriot Capital Funding Inc | $324M | Financial Services | Shell Companies | -0.38 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.38 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.38 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.37 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.37 |
| APRN | Blue Apron Holdings Inc - Class A | $100M | N/A | N/A | -0.37 |
| INO | Inovio Pharmaceuticals Inc | $82M | Healthcare | Biotechnology | -0.37 |
| ECO | ECHO BAY MINES LTD | $2.16B | Industrials | Marine Shipping | -0.37 |
| NKTX | Nkarta Inc | $198M | Healthcare | Biotechnology | -0.37 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.37 |
| BOLD | Boundless Bio Inc | $55M | Healthcare | Biotechnology | -0.36 |
| SVRE | SaverOne 2014 Ltd | $84M | Technology | Scientific & Technical Instruments | -0.36 |
| HXHX | Haoxin Holdings Ltd - Class A | $7.65M | Industrials | Integrated Freight & Logistics | -0.36 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.36 |