BioCryst Pharmaceuticals Inc (BCRX) — Stock Correlations & Overview
Over the past year, BCRX has moved most closely with BBP, LABU, SBIO. Explore the stocks most correlated and inversely correlated with BCRX below, along with its price, financials, and company profile.
Stocks correlated with BCRX
Correlation of daily returns. Higher positive values move with BCRX; negative values move opposite it. Informational only, not investment advice.
Most correlated with BCRX
| Symbol | Company | Correlation |
|---|---|---|
| BBP | Virtus Biotech ETF | 0.41 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.39 |
| SBIO | ALPS Medical Breakthroughs ETF | 0.39 |
| XBI | State Street SPDR S&P Biotech ETF | 0.38 |
| BIB | ProShares Ultra NASDAQ Biotechnology | 0.36 |
Most inversely correlated with BCRX
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.38 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.36 |
| ABRpF | Arbor Realty Trust, Inc. 6.25% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, Liquidation Preference $25.00 per shareREAL ESTATE INVESTMENT TRUSTS | -0.23 |
| RXD | ProShares UltraShort Health Care | -0.23 |
| BPYPN | Brookfield Property Partners L.P. 5.750% Class A Cumulative Redeemable Perpetual Preferred Units, Series 3 | -0.21 |
Frequently asked questions about BCRX correlations
- Which stocks are most correlated with BCRX?
- Based on one year of daily returns, the stocks most correlated with BioCryst Pharmaceuticals Inc (BCRX) are BBP (0.41), LABU (0.39) and SBIO (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 BCRX?
- Over the past year, the stocks most inversely correlated with BioCryst Pharmaceuticals Inc (BCRX) are LABD (-0.38), BIS (-0.36) and ABRpF (-0.23). 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 BCRX correlations calculated?
- We compute the correlation of daily returns between BCRX 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.