Bluejay Diagnostics, Inc. Common Stock (BJDX) — Stock Correlations & Overview
Over the past year, BJDX has moved most closely with FAMI, LASE, TELO. Explore the stocks most correlated and inversely correlated with BJDX below, along with its price, financials, and company profile.
Stocks correlated with BJDX
Correlation of daily returns. Higher positive values move with BJDX; negative values move opposite it. Informational only, not investment advice.
Most correlated with BJDX
| Symbol | Company | Correlation |
|---|---|---|
| FAMI | Farmmi, Inc. Class A Ordinary Shares | 0.42 |
| LASE | Laser Photonics Corporation Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.28 |
| TELO | Telomir Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.27 |
| HPEpC | Hewlett Packard Enterprise Company 7.625% Series C Mandatory Convertible Preferred StockCOMPUTER & OFFICE EQUIPMENT | 0.26 |
| TMQ | Trilogy Metals IncGOLD AND SILVER ORES | 0.26 |
Most inversely correlated with BJDX
| Symbol | Company | Correlation |
|---|---|---|
| VLGEA | Village Super MarketRETAIL-GROCERY STORES | -0.41 |
| FULC | Fulcrum Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.29 |
| UPC | Universe Pharmaceuticals Inc. Class A Ordinary Shares | -0.26 |
| HKIT | Hitek Global Inc. Class A Ordinary Share | -0.25 |
| VNTG | Vantage Corp | -0.25 |
Frequently asked questions about BJDX correlations
- Which stocks are most correlated with BJDX?
- Based on one year of daily returns, the stocks most correlated with Bluejay Diagnostics, Inc. Common Stock (BJDX) are FAMI (0.42), LASE (0.28) and TELO (0.27). 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 BJDX?
- Over the past year, the stocks most inversely correlated with Bluejay Diagnostics, Inc. Common Stock (BJDX) are VLGEA (-0.41), FULC (-0.29) and UPC (-0.26). 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 BJDX correlations calculated?
- We compute the correlation of daily returns between BJDX 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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