BioLife Solutions Inc. (BLFS) — Stock Correlations & Overview

Over the past year, BLFS has moved most closely with RGEN, HTEC, EKG. Explore the stocks most correlated and inversely correlated with BLFS below, along with its price, financials, and company profile.

Stocks correlated with BLFS

Correlation of daily returns. Higher positive values move with BLFS; negative values move opposite it. Informational only, not investment advice.

Most correlated with BLFS

SymbolCompanyCorrelation
RGENRepligen CorpBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)0.56
HTECROBO Global Healthcare Technology and Innovation ETF0.56
EKGFirst Trust Nasdaq Lux Digital Health Solutions ETF0.54
MOATVanEck Morningstar Wide Moat ETF0.52
MDEVFirst Trust Indxx Medical Devices ETF0.52

Most inversely correlated with BLFS

SymbolCompanyCorrelation
SDDProShares UltraShort SmallCap600-0.44
SBBProShares Short SmallCap600-0.44
SMDDProShares UltraPro Short MidCap400-0.43
TWMProShares UltraShort Russell2000-0.42
MZZProShares UltraShort MidCap400-0.42

Frequently asked questions about BLFS correlations

Which stocks are most correlated with BLFS?
Based on one year of daily returns, the stocks most correlated with BioLife Solutions Inc. (BLFS) are RGEN (0.56), HTEC (0.56) and EKG (0.54). 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 BLFS?
Over the past year, the stocks most inversely correlated with BioLife Solutions Inc. (BLFS) are SDD (-0.44), SBB (-0.44) and SMDD (-0.43). 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 BLFS correlations calculated?
We compute the correlation of daily returns between BLFS 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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