Beamr Imaging Ltd. Ordinary Share (BMR) — Stock Correlations & Overview
Over the past year, BMR has moved most closely with ARKW, BUZZ, BLOK. Explore the stocks most correlated and inversely correlated with BMR below, along with its price, financials, and company profile.
Stocks correlated with BMR
Correlation of daily returns. Higher positive values move with BMR; negative values move opposite it. Informational only, not investment advice.
Most correlated with BMR
| Symbol | Company | Correlation |
|---|---|---|
| ARKW | ARK Next Generation Internet ETF | 0.58 |
| BUZZ | VanEck Social Sentiment ETF | 0.57 |
| BLOK | Amplify Blockchain Technology ETF | 0.56 |
| ARKF | ARK Blockchain & Fintech Innovation ETF | 0.56 |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 0.56 |
Most inversely correlated with BMR
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.53 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | -0.48 |
| SETH | ProShares Short Ether ETF | -0.48 |
| BERZ | MicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.47 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.46 |
Frequently asked questions about BMR correlations
- Which stocks are most correlated with BMR?
- Based on one year of daily returns, the stocks most correlated with Beamr Imaging Ltd. Ordinary Share (BMR) are ARKW (0.58), BUZZ (0.57) and BLOK (0.56). 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 BMR?
- Over the past year, the stocks most inversely correlated with Beamr Imaging Ltd. Ordinary Share (BMR) are SARK (-0.53), AIBD (-0.48) and SETH (-0.48). 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 BMR correlations calculated?
- We compute the correlation of daily returns between BMR 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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