Can-Fite BioPharma Ltd. American Depositary Shares, each representing two (2) Ordinary Shares (CANF) — Stock Correlations & Overview
Over the past year, CANF has moved most closely with LHAI, MVIS, CEPO. Explore the stocks most correlated and inversely correlated with CANF below, along with its price, financials, and company profile.
Stocks correlated with CANF
Correlation of daily returns. Higher positive values move with CANF; negative values move opposite it. Informational only, not investment advice.
Most correlated with CANF
| Symbol | Company | Correlation |
|---|---|---|
| LHAI | Linkhome Holdings Inc. Common stockREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.33 |
| MVIS | Microvision IncELECTRONIC COMPONENTS, NEC | 0.29 |
| CEPO | Cantor Equity Partners I, Inc. Class A Ordinary SharesBLANK CHECKS | 0.28 |
| MREO | Mereo BioPharma Group plc American Depositary SharesPHARMACEUTICAL PREPARATIONS | 0.28 |
| JULZ | TrueShares Structured Outcome (July) ETF | 0.28 |
Frequently asked questions about CANF correlations
- Which stocks are most correlated with CANF?
- Based on one year of daily returns, the stocks most correlated with Can-Fite BioPharma Ltd. American Depositary Shares, each representing two (2) Ordinary Shares (CANF) are LHAI (0.33), MVIS (0.29) and CEPO (0.28). 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 CANF?
- Over the past year, the stocks most inversely correlated with Can-Fite BioPharma Ltd. American Depositary Shares, each representing two (2) Ordinary Shares (CANF) are IBIE (-0.41), IBID (-0.40) and IBIC (-0.38). 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 CANF correlations calculated?
- We compute the correlation of daily returns between CANF 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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