Which stocks are most correlated with CAI?

Based on one year of daily returns, the stocks most correlated with Caris Life Sciences, Inc. Common Stock (CAI) are EKG (0.54), HTEC (0.51) and NTRA (0.51). 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 CAI?

Over the past year, the stocks most inversely correlated with Caris Life Sciences, Inc. Common Stock (CAI) are SARK (-0.39), TWM (-0.33) and TZA (-0.33). A negative correlation means the two stocks have tended to move in opposite directions.

Caris Life Sciences, Inc. Common Stock (CAI) — Stock Correlations & Overview

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

Stocks correlated with CAI

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

Most correlated with CAI

Symbol	Company	Correlation
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	0.54
HTEC	ROBO Global Healthcare Technology and Innovation ETF	0.51
NTRA	Natera, Inc. Common StockSERVICES-MEDICAL LABORATORIES	0.51
DRKY	VistaShares Target 15 DRUKMacro Distribution ETF	0.50
TEM	Tempus AI, Inc. Class A Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.	0.49

Most inversely correlated with CAI

Symbol	Company	Correlation
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.39
TWM	ProShares UltraShort Russell2000	-0.33
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.33
SRTY	ProShares UltraPro Short Russell2000	-0.33
RWM	ProShares Short Russell2000	-0.33

Frequently asked questions about CAI correlations

Which stocks are most correlated with CAI?: Based on one year of daily returns, the stocks most correlated with Caris Life Sciences, Inc. Common Stock (CAI) are EKG (0.54), HTEC (0.51) and NTRA (0.51). 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 CAI?: Over the past year, the stocks most inversely correlated with Caris Life Sciences, Inc. Common Stock (CAI) are SARK (-0.39), TWM (-0.33) and TZA (-0.33). 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 CAI correlations calculated?: We compute the correlation of daily returns between CAI 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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