Heartbeam, Inc. Common Stock (BEAT) — Stock Correlations & Overview
Over the past year, BEAT has moved most closely with PETS, CPAC, IFN. Explore the stocks most correlated and inversely correlated with BEAT below, along with its price, financials, and company profile.
Stocks correlated with BEAT
Correlation of daily returns. Higher positive values move with BEAT; negative values move opposite it. Informational only, not investment advice.
Most correlated with BEAT
| Symbol | Company | Correlation |
|---|---|---|
| PETS | PetMed Express, Inc.RETAIL-DRUG STORES AND PROPRIETARY STORES | 0.32 |
| CPAC | CEMENTOS PACASMAYO S.A.A. | 0.30 |
| IFN | Aberdeen India Fund, Inc. | 0.30 |
| DOMH | Dominari Holdings Inc. Common StockSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.28 |
| GEOS | Geospace Technologies Corporation Common StockMEASURING & CONTROLLING DEVICES, NEC | 0.27 |
Most inversely correlated with BEAT
| Symbol | Company | Correlation |
|---|---|---|
| WOK | WORK Medical Technology Group LTD Class A Ordinary Shares | -0.37 |
| CHOW | ChowChow Cloud International Holdings Limited | -0.37 |
| ATPC | Agape ATP Corporation Common StockSERVICES-HEALTH SERVICES | -0.34 |
| POM | POMDOCTOR LIMITED American Depositary Shares | -0.34 |
| LAKE | Lakeland Industries IncORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | -0.28 |
Frequently asked questions about BEAT correlations
- Which stocks are most correlated with BEAT?
- Based on one year of daily returns, the stocks most correlated with Heartbeam, Inc. Common Stock (BEAT) are PETS (0.32), CPAC (0.30) and IFN (0.30). 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 BEAT?
- Over the past year, the stocks most inversely correlated with Heartbeam, Inc. Common Stock (BEAT) are WOK (-0.37), CHOW (-0.37) and ATPC (-0.34). 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 BEAT correlations calculated?
- We compute the correlation of daily returns between BEAT 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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