Arq, Inc. Common Stock (ARQ) — Stock Correlations & Overview
Over the past year, ARQ has moved most closely with MI, BMBL, PRKS. Explore the stocks most correlated and inversely correlated with ARQ below, along with its price, financials, and company profile.
Stocks correlated with ARQ
Correlation of daily returns. Higher positive values move with ARQ; negative values move opposite it. Informational only, not investment advice.
Most correlated with ARQ
| Symbol | Company | Correlation |
|---|---|---|
| MI | NFT Limited | 0.57 |
| BMBL | Bumble Inc. Class A Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.38 |
| PRKS | United Parks & Resorts Inc.SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION | 0.37 |
| ACVA | ACV Auctions Inc.SERVICES-BUSINESS SERVICES, NEC | 0.37 |
| ICL | ICL Group Ltd. | 0.36 |
Most inversely correlated with ARQ
| Symbol | Company | Correlation |
|---|---|---|
| LGVN | Longeveron Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.36 |
| MGNX | MacroGenics, Inc.PHARMACEUTICAL PREPARATIONS | -0.30 |
| YFYA | Yields for You Income Strategy A ETF | -0.27 |
| PEN | Penumbra, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.27 |
| INKT | MiNK Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.26 |
Frequently asked questions about ARQ correlations
- Which stocks are most correlated with ARQ?
- Based on one year of daily returns, the stocks most correlated with Arq, Inc. Common Stock (ARQ) are MI (0.57), BMBL (0.38) and PRKS (0.37). 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 ARQ?
- Over the past year, the stocks most inversely correlated with Arq, Inc. Common Stock (ARQ) are LGVN (-0.36), MGNX (-0.30) and YFYA (-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 ARQ correlations calculated?
- We compute the correlation of daily returns between ARQ 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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