BioCardia, Inc. Common Stock (BCDA) — Stock Correlations & Overview
Over the past year, BCDA has moved most closely with FTHM, NKLR, CFIT. Explore the stocks most correlated and inversely correlated with BCDA below, along with its price, financials, and company profile.
Stocks correlated with BCDA
Correlation of daily returns. Higher positive values move with BCDA; negative values move opposite it. Informational only, not investment advice.
Most correlated with BCDA
| Symbol | Company | Correlation |
|---|---|---|
| FTHM | Fathom Holdings Inc. Common StockREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.25 |
| NKLR | Terra Innovatum Global N.V. Ordinary sharesFABRICATED PLATE WORK (BOILER SHOPS) | 0.24 |
| CFIT | Cambria Fixed Income Trend ETF | 0.24 |
| BNC | CEA Industries Inc. Common Stock | 0.23 |
| IHT | InnSuites Hospitality TrustREAL ESTATE INVESTMENT TRUSTS | 0.23 |
Most inversely correlated with BCDA
| Symbol | Company | Correlation |
|---|---|---|
| FCHL | Fitness Champs Holdings Limited Common Stock | -0.21 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.20 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.20 |
| TVRD | Tvardi Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.19 |
| CRCD | T-REX 2X Inverse CRCL Daily Target ETF | -0.19 |
Frequently asked questions about BCDA correlations
- Which stocks are most correlated with BCDA?
- Based on one year of daily returns, the stocks most correlated with BioCardia, Inc. Common Stock (BCDA) are FTHM (0.25), NKLR (0.24) and CFIT (0.24). 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 BCDA?
- Over the past year, the stocks most inversely correlated with BioCardia, Inc. Common Stock (BCDA) are FCHL (-0.21), TMV (-0.20) and TBF (-0.20). 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 BCDA correlations calculated?
- We compute the correlation of daily returns between BCDA 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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