Which stocks are most correlated with APVO?

Based on one year of daily returns, the stocks most correlated with Aptevo Therapeutics Inc (APVO) are HTUS (0.39), NCT (0.37) and RARE (0.35). 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 APVO?

Over the past year, the stocks most inversely correlated with Aptevo Therapeutics Inc (APVO) are LABD (-0.27), RGTZ (-0.27) and QBTZ (-0.24). A negative correlation means the two stocks have tended to move in opposite directions.

Aptevo Therapeutics Inc (APVO) — Stock Correlations & Overview

Over the past year, APVO has moved most closely with HTUS, NCT, RARE. Explore the stocks most correlated and inversely correlated with APVO below, along with its price, financials, and company profile.

Stocks correlated with APVO

Correlation of daily returns. Higher positive values move with APVO; negative values move opposite it. Informational only, not investment advice.

Most correlated with APVO

Symbol	Company	Correlation
HTUS	Hull Tactical US ETF	0.39
NCT	Intercont (Cayman) Limited Class A Ordinary shares	0.37
RARE	Ultragenyx Pharmaceutical Inc.PHARMACEUTICAL PREPARATIONS	0.35
RVSN	Rail Vision Ltd. Ordinary Share	0.31
BTQ	BTQ Technologies Corp. Common Stock	0.31

Most inversely correlated with APVO

Symbol	Company	Correlation
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.27
RGTZ	Defiance Daily Target 2x Short RGTI ETF	-0.27
QBTZ	Defiance Daily Target 2x Short QBTS ETF	-0.24
IONZ	Defiance Daily Target 2x Short IONQ ETF	-0.24
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.22

Frequently asked questions about APVO correlations

Which stocks are most correlated with APVO?: Based on one year of daily returns, the stocks most correlated with Aptevo Therapeutics Inc (APVO) are HTUS (0.39), NCT (0.37) and RARE (0.35). 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 APVO?: Over the past year, the stocks most inversely correlated with Aptevo Therapeutics Inc (APVO) are LABD (-0.27), RGTZ (-0.27) and QBTZ (-0.24). 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 APVO correlations calculated?: We compute the correlation of daily returns between APVO 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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