AnaptysBio, Inc. Common Stock (ANAB) — Stock Correlations & Overview
Over the past year, ANAB has moved most closely with SBIO, ZURA, IBRN. Explore the stocks most correlated and inversely correlated with ANAB below, along with its price, financials, and company profile.
Stocks correlated with ANAB
Correlation of daily returns. Higher positive values move with ANAB; negative values move opposite it. Informational only, not investment advice.
Most correlated with ANAB
| Symbol | Company | Correlation |
|---|---|---|
| SBIO | ALPS Medical Breakthroughs ETF | 0.41 |
| ZURA | Zura Bio Limited Class A Ordinary SharesBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.39 |
| IBRN | iShares Neuroscience and Healthcare ETF | 0.36 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.36 |
| XBI | State Street SPDR S&P Biotech ETF | 0.36 |
Most inversely correlated with ANAB
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.35 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.31 |
| DLXY | Delixy Holdings Limited Class A Ordinary Shares | -0.27 |
| IDT | IDT Corporation Class BTELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | -0.26 |
| MUD | Direxion Shares ETF Trust Direxion Daily MU Bear 1X ETF | -0.23 |
Frequently asked questions about ANAB correlations
- Which stocks are most correlated with ANAB?
- Based on one year of daily returns, the stocks most correlated with AnaptysBio, Inc. Common Stock (ANAB) are SBIO (0.41), ZURA (0.39) and IBRN (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 ANAB?
- Over the past year, the stocks most inversely correlated with AnaptysBio, Inc. Common Stock (ANAB) are LABD (-0.35), BIS (-0.31) and DLXY (-0.27). 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 ANAB correlations calculated?
- We compute the correlation of daily returns between ANAB 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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