Biofrontera Inc. Common Stock (BFRI) — Stock Correlations & Overview
Over the past year, BFRI has moved most closely with CORT, XFLX, MSAI. Explore the stocks most correlated and inversely correlated with BFRI below, along with its price, financials, and company profile.
Stocks correlated with BFRI
Correlation of daily returns. Higher positive values move with BFRI; negative values move opposite it. Informational only, not investment advice.
Most correlated with BFRI
| Symbol | Company | Correlation |
|---|---|---|
| CORT | Corcept Therapeutics Inc.PHARMACEUTICAL PREPARATIONS | 0.37 |
| XFLX | FundX Flexible ETF | 0.35 |
| MSAI | MultiSensor AI Holdings, Inc. Common StockOPTICAL INSTRUMENTS & LENSES | 0.34 |
| TBFC | The Brinsmere Fund Conservative ETF | 0.32 |
| KKRT | KKR & Co. Inc. 6.875% Subordinated Notes due 2065INVESTMENT ADVICE | 0.32 |
Most inversely correlated with BFRI
| Symbol | Company | Correlation |
|---|---|---|
| FXP | ProShares UltraShort FTSE China 50 of ProShares Trust | -0.28 |
| YANG | Direxion Daily FTSE China Bear 3X ETF | -0.28 |
| YXI | ProShares Short FTSE China 50 of PROSHARES TRUST | -0.27 |
| MUD | Direxion Shares ETF Trust Direxion Daily MU Bear 1X ETF | -0.27 |
| SDS | ProShares UltraShort S&P500 | -0.26 |
Frequently asked questions about BFRI correlations
- Which stocks are most correlated with BFRI?
- Based on one year of daily returns, the stocks most correlated with Biofrontera Inc. Common Stock (BFRI) are CORT (0.37), XFLX (0.35) and MSAI (0.34). 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 BFRI?
- Over the past year, the stocks most inversely correlated with Biofrontera Inc. Common Stock (BFRI) are FXP (-0.28), YANG (-0.28) and YXI (-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 BFRI correlations calculated?
- We compute the correlation of daily returns between BFRI 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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