AC Immune SA (ACIU) — Stock Correlations & Overview
Over the past year, ACIU has moved most closely with SBIO, XBI, LABU. Explore the stocks most correlated and inversely correlated with ACIU below, along with its price, financials, and company profile.
Stocks correlated with ACIU
Correlation of daily returns. Higher positive values move with ACIU; negative values move opposite it. Informational only, not investment advice.
Most correlated with ACIU
| Symbol | Company | Correlation |
|---|---|---|
| SBIO | ALPS Medical Breakthroughs ETF | 0.36 |
| XBI | State Street SPDR S&P Biotech ETF | 0.36 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.36 |
| BBC | Virtus Biotech Clinical Trials ETF | 0.34 |
| BBP | Virtus Biotech ETF | 0.34 |
Most inversely correlated with ACIU
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.36 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.33 |
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | -0.30 |
| RWM | ProShares Short Russell2000 | -0.30 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.30 |
Frequently asked questions about ACIU correlations
- Which stocks are most correlated with ACIU?
- Based on one year of daily returns, the stocks most correlated with AC Immune SA (ACIU) are SBIO (0.36), XBI (0.36) and LABU (0.36). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with ACIU?
- Over the past year, the stocks most inversely correlated with AC Immune SA (ACIU) are LABD (-0.36), BIS (-0.33) and BTCZ (-0.30). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these ACIU correlations calculated?
- We compute the correlation of daily returns between ACIU and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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