Perspective Therapeutics, Inc. (CATX) — Stock Correlations & Overview
Over the past year, CATX has moved most closely with PCVX, BBC, XBI. Explore the stocks most correlated and inversely correlated with CATX below, along with its price, financials, and company profile.
Stocks correlated with CATX
Correlation of daily returns. Higher positive values move with CATX; negative values move opposite it. Informational only, not investment advice.
Most correlated with CATX
| Symbol | Company | Correlation |
|---|---|---|
| PCVX | Vaxcyte, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.34 |
| BBC | Virtus Biotech Clinical Trials ETF | 0.32 |
| XBI | State Street SPDR S&P Biotech ETF | 0.31 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.31 |
| RCL | Royal Caribbean GroupWATER TRANSPORTATION | 0.31 |
Most inversely correlated with CATX
| Symbol | Company | Correlation |
|---|---|---|
| QNCX | Quince Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.38 |
| PHOE | Phoenix Asia Holdings Limited Ordinary Shares | -0.32 |
| SAPH | SAP SE ADRhedged | -0.32 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.31 |
| GUTS | Fractyl Health, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.30 |
Frequently asked questions about CATX correlations
- Which stocks are most correlated with CATX?
- Based on one year of daily returns, the stocks most correlated with Perspective Therapeutics, Inc. (CATX) are PCVX (0.34), BBC (0.32) and XBI (0.31). 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 CATX?
- Over the past year, the stocks most inversely correlated with Perspective Therapeutics, Inc. (CATX) are QNCX (-0.38), PHOE (-0.32) and SAPH (-0.32). 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 CATX correlations calculated?
- We compute the correlation of daily returns between CATX 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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