BioXcel Therapeutics, Inc. Common Stock (BTAI) — Stock Correlations & Overview
Over the past year, BTAI has moved most closely with KTCC, BAMY, FINV. Explore the stocks most correlated and inversely correlated with BTAI below, along with its price, financials, and company profile.
Stocks correlated with BTAI
Correlation of daily returns. Higher positive values move with BTAI; negative values move opposite it. Informational only, not investment advice.
Most correlated with BTAI
| Symbol | Company | Correlation |
|---|---|---|
| KTCC | KEY Tronic CorpPRINTED CIRCUIT BOARDS | 0.52 |
| BAMY | Brookstone Yield ETF | 0.37 |
| FINV | FinVolution Group American depositary shares, each representing five Class A ordinary shares | 0.35 |
| BAMU | Brookstone Ultra-Short Bond ETF | 0.35 |
| BAMB | Brookstone Intermediate Bond ETF | 0.35 |
Most inversely correlated with BTAI
| Symbol | Company | Correlation |
|---|---|---|
| FNGR | FingerMotion, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | -0.41 |
| SWVL | Swvl Holdings Corp Class A Common Shares | -0.31 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.29 |
| RWM | ProShares Short Russell2000 | -0.28 |
| TWM | ProShares UltraShort Russell2000 | -0.28 |
Frequently asked questions about BTAI correlations
- Which stocks are most correlated with BTAI?
- Based on one year of daily returns, the stocks most correlated with BioXcel Therapeutics, Inc. Common Stock (BTAI) are KTCC (0.52), BAMY (0.37) and FINV (0.35). 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 BTAI?
- Over the past year, the stocks most inversely correlated with BioXcel Therapeutics, Inc. Common Stock (BTAI) are FNGR (-0.41), SWVL (-0.31) and SARK (-0.29). 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 BTAI correlations calculated?
- We compute the correlation of daily returns between BTAI 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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