AtaiBeckley Inc. Common Stock (ATAI) — Stock Correlations & Overview
Over the past year, ATAI has moved most closely with PSIL, CMPS, GHRS. Explore the stocks most correlated and inversely correlated with ATAI below, along with its price, financials, and company profile.
Stocks correlated with ATAI
Correlation of daily returns. Higher positive values move with ATAI; negative values move opposite it. Informational only, not investment advice.
Most correlated with ATAI
| Symbol | Company | Correlation |
|---|---|---|
| PSIL | AdvisorShares Psychedelics ETF | 0.63 |
| CMPS | COMPASS Pathways Plc American Depository SharesPHARMACEUTICAL PREPARATIONS | 0.50 |
| GHRS | GH Research PLC Ordinary Shares | 0.39 |
| TACK | Fairlead Tactical Sector ETF | 0.30 |
| UPSD | Aptus Large Cap Upside ETF | 0.30 |
Most inversely correlated with ATAI
| Symbol | Company | Correlation |
|---|---|---|
| ARI | APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.REAL ESTATE INVESTMENT TRUSTS | -0.29 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.26 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.25 |
| RWM | ProShares Short Russell2000 | -0.25 |
| TWM | ProShares UltraShort Russell2000 | -0.25 |
Frequently asked questions about ATAI correlations
- Which stocks are most correlated with ATAI?
- Based on one year of daily returns, the stocks most correlated with AtaiBeckley Inc. Common Stock (ATAI) are PSIL (0.63), CMPS (0.50) and GHRS (0.39). 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 ATAI?
- Over the past year, the stocks most inversely correlated with AtaiBeckley Inc. Common Stock (ATAI) are ARI (-0.29), BIS (-0.26) and TZA (-0.25). 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 ATAI correlations calculated?
- We compute the correlation of daily returns between ATAI 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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