Which stocks are most correlated with ARCT?

Based on one year of daily returns, the stocks most correlated with Arcturus Therapeutics Holdings Inc. Common Stock (ARCT) are ALEC (0.61), WDNA (0.50) and ARKG (0.49). 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 ARCT?

Over the past year, the stocks most inversely correlated with Arcturus Therapeutics Holdings Inc. Common Stock (ARCT) are LABD (-0.38), SARK (-0.38) and BIS (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.

Arcturus Therapeutics Holdings Inc. Common Stock (ARCT) — Stock Correlations & Overview

Over the past year, ARCT has moved most closely with ALEC, WDNA, ARKG. Explore the stocks most correlated and inversely correlated with ARCT below, along with its price, financials, and company profile.

Stocks correlated with ARCT

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

Most correlated with ARCT

Symbol	Company	Correlation
ALEC	Alector, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.61
WDNA	WisdomTree BioRevolution Fund	0.50
ARKG	ARK Genomic Revolution ETF	0.49
GNOM	Global X Genomics & Biotechnology ETF	0.47
QQQS	Invesco NASDAQ Future Gen 200 ETFINVESTMENT ADVICE	0.43

Most inversely correlated with ARCT

Symbol	Company	Correlation
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.38
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.38
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.38
RWM	ProShares Short Russell2000	-0.36
BENF	Beneficient Class A Common StockFINANCE SERVICES	-0.36

Frequently asked questions about ARCT correlations

Which stocks are most correlated with ARCT?: Based on one year of daily returns, the stocks most correlated with Arcturus Therapeutics Holdings Inc. Common Stock (ARCT) are ALEC (0.61), WDNA (0.50) and ARKG (0.49). 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 ARCT?: Over the past year, the stocks most inversely correlated with Arcturus Therapeutics Holdings Inc. Common Stock (ARCT) are LABD (-0.38), SARK (-0.38) and BIS (-0.38). 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 ARCT correlations calculated?: We compute the correlation of daily returns between ARCT 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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