Coherus Oncology, Inc. Common Stock (CHRS) — Stock Correlations & Overview

Over the past year, CHRS has moved most closely with QQQS, IWC, KMAR. Explore the stocks most correlated and inversely correlated with CHRS below, along with its price, financials, and company profile.

Stocks correlated with CHRS

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

Most correlated with CHRS

SymbolCompanyCorrelation
QQQSInvesco NASDAQ Future Gen 200 ETFINVESTMENT ADVICE0.41
IWCiShares Micro-Cap ETF0.39
KMARInnovator U.S. Small Cap Power Buffer ETF - March0.39
KFEBInnovator U.S. Small Cap Power Buffer ETF - February0.38
SFEBFT Vest U.S. Small Cap Moderate Buffer ETF - February0.38

Most inversely correlated with CHRS

SymbolCompanyCorrelation
RWMProShares Short Russell2000-0.36
TZADirexion Daily Small Cap Bear 3x ETF-0.35
SRTYProShares UltraPro Short Russell2000-0.35
TWMProShares UltraShort Russell2000-0.35
SPDNDirexion Daily S&P 500 Bear 1X ETF-0.32

Frequently asked questions about CHRS correlations

Which stocks are most correlated with CHRS?
Based on one year of daily returns, the stocks most correlated with Coherus Oncology, Inc. Common Stock (CHRS) are QQQS (0.41), IWC (0.39) and KMAR (0.39). 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 CHRS?
Over the past year, the stocks most inversely correlated with Coherus Oncology, Inc. Common Stock (CHRS) are RWM (-0.36), TZA (-0.35) and SRTY (-0.35). 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 CHRS correlations calculated?
We compute the correlation of daily returns between CHRS 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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