Aquestive Therapeutics, Inc. Common Stock (AQST) — Stock Correlations & Overview
Over the past year, AQST has moved most closely with MTEN, SXTC, PASW. Explore the stocks most correlated and inversely correlated with AQST below, along with its price, financials, and company profile.
Stocks correlated with AQST
Correlation of daily returns. Higher positive values move with AQST; negative values move opposite it. Informational only, not investment advice.
Most correlated with AQST
| Symbol | Company | Correlation |
|---|---|---|
| MTEN | Mingteng International Corporation Inc. Class A Ordinary Shares | 0.47 |
| SXTC | China SXT Pharmaceuticals, Inc. Class A Ordinary Shares | 0.45 |
| PASW | Ping An Biomedical Co., Ltd. Class A Ordinary Shares | 0.42 |
| PILL | Direxion Daily Pharmaceutical & Medical Bull 3X ETF | 0.37 |
| XPH | State Street SPDR S&P Pharmaceuticals ETF | 0.37 |
Most inversely correlated with AQST
| Symbol | Company | Correlation |
|---|---|---|
| PHOE | Phoenix Asia Holdings Limited Ordinary Shares | -0.37 |
| ANPA | Rich Sparkle Holdings Limited Ordinary Shares | -0.34 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.31 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.30 |
| GP | GreenPower Motor Company Inc. Common Shares | -0.25 |
Frequently asked questions about AQST correlations
- Which stocks are most correlated with AQST?
- Based on one year of daily returns, the stocks most correlated with Aquestive Therapeutics, Inc. Common Stock (AQST) are MTEN (0.47), SXTC (0.45) and PASW (0.42). 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 AQST?
- Over the past year, the stocks most inversely correlated with Aquestive Therapeutics, Inc. Common Stock (AQST) are PHOE (-0.37), ANPA (-0.34) and LABD (-0.31). 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 AQST correlations calculated?
- We compute the correlation of daily returns between AQST 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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