Compass Therapeutics, Inc. Common Stock (CMPX) — Stock Correlations & Overview
Over the past year, CMPX has moved most closely with BNDY, FLXN, POET. Explore the stocks most correlated and inversely correlated with CMPX below, along with its price, financials, and company profile.
Stocks correlated with CMPX
Correlation of daily returns. Higher positive values move with CMPX; negative values move opposite it. Informational only, not investment advice.
Most correlated with CMPX
| Symbol | Company | Correlation |
|---|---|---|
| BNDY | Horizon Core Bond ETF | 0.45 |
| FLXN | Horizon Flexible Income ETF | 0.45 |
| POET | POET Technologies Inc. Common Shares | 0.43 |
| REAX | Real REMAX Group Inc. Common Stock | 0.42 |
| CHSN | Chanson International Holding Class A Ordinary Shares | 0.37 |
Most inversely correlated with CMPX
| Symbol | Company | Correlation |
|---|---|---|
| HTCO | High-Trend International Group Class A Ordinary Shares | -0.42 |
| YAAS | Youxin Technology Ltd Class A Ordinary shares | -0.42 |
| PAPL | Pineapple Financial Inc.FINANCE SERVICES | -0.28 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.26 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.26 |
Frequently asked questions about CMPX correlations
- Which stocks are most correlated with CMPX?
- Based on one year of daily returns, the stocks most correlated with Compass Therapeutics, Inc. Common Stock (CMPX) are BNDY (0.45), FLXN (0.45) and POET (0.43). 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 CMPX?
- Over the past year, the stocks most inversely correlated with Compass Therapeutics, Inc. Common Stock (CMPX) are HTCO (-0.42), YAAS (-0.42) and PAPL (-0.28). 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 CMPX correlations calculated?
- We compute the correlation of daily returns between CMPX 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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