Apollomics Inc. Class A Ordinary Shares (APLM) — Stock Correlations & Overview
Over the past year, APLM has moved most closely with PRAX, SLNHP, EDUC. Explore the stocks most correlated and inversely correlated with APLM below, along with its price, financials, and company profile.
Stocks correlated with APLM
Correlation of daily returns. Higher positive values move with APLM; negative values move opposite it. Informational only, not investment advice.
Most correlated with APLM
| Symbol | Company | Correlation |
|---|---|---|
| PRAX | Praxis Precision Medicines, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.39 |
| SLNHP | Soluna Holdings, Inc 9.0% Series A Cumulative Perpetual Preferred StockFINANCE SERVICES | 0.34 |
| EDUC | Educational Development CorpWHOLESALE-MISCELLANEOUS NONDURABLE GOODS | 0.32 |
| ATCH | AtlasClear Holdings, Inc.FINANCE SERVICES | 0.31 |
| GIC | Global Industrial CompanyWHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT | 0.24 |
Most inversely correlated with APLM
| Symbol | Company | Correlation |
|---|---|---|
| CURX | Curanex Pharmaceuticals Inc Common StockPHARMACEUTICAL PREPARATIONS | -0.24 |
| RWAYL | Runway Growth Finance Corp. 7.50% Notes due 2027 | -0.23 |
| RNR | RenaissanceRe Holdings Ltd.FIRE, MARINE & CASUALTY INSURANCE | -0.22 |
| QTTB | Q32 Bio Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.21 |
| INBKZ | First Internet Bancorp 6.0% Fixed-to-Floating Rate Subordinated Notes Due 2029STATE COMMERCIAL BANKS | -0.21 |
Frequently asked questions about APLM correlations
- Which stocks are most correlated with APLM?
- Based on one year of daily returns, the stocks most correlated with Apollomics Inc. Class A Ordinary Shares (APLM) are PRAX (0.39), SLNHP (0.34) and EDUC (0.32). 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 APLM?
- Over the past year, the stocks most inversely correlated with Apollomics Inc. Class A Ordinary Shares (APLM) are CURX (-0.24), RWAYL (-0.23) and RNR (-0.22). 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 APLM correlations calculated?
- We compute the correlation of daily returns between APLM 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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