Cocrystal Pharma, Inc. Common Stock (COCP) — Stock Correlations & Overview
Over the past year, COCP has moved most closely with FC, BUZZ, FITE. Explore the stocks most correlated and inversely correlated with COCP below, along with its price, financials, and company profile.
Stocks correlated with COCP
Correlation of daily returns. Higher positive values move with COCP; negative values move opposite it. Informational only, not investment advice.
Most correlated with COCP
| Symbol | Company | Correlation |
|---|---|---|
| FC | Franklin Covey CompanySERVICES-MANAGEMENT SERVICES | 0.44 |
| BUZZ | VanEck Social Sentiment ETF | 0.37 |
| FITE | State Street SPDR S&P Kensho Future Security ETF | 0.36 |
| IWC | iShares Micro-Cap ETF | 0.36 |
| QUIZ | Zacks Quality International ETF | 0.36 |
Most inversely correlated with COCP
| Symbol | Company | Correlation |
|---|---|---|
| LPCN | Lipocine Inc.PHARMACEUTICAL PREPARATIONS | -0.42 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.34 |
| RWM | ProShares Short Russell2000 | -0.33 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.33 |
| TWM | ProShares UltraShort Russell2000 | -0.33 |
Frequently asked questions about COCP correlations
- Which stocks are most correlated with COCP?
- Based on one year of daily returns, the stocks most correlated with Cocrystal Pharma, Inc. Common Stock (COCP) are FC (0.44), BUZZ (0.37) and FITE (0.36). 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 COCP?
- Over the past year, the stocks most inversely correlated with Cocrystal Pharma, Inc. Common Stock (COCP) are LPCN (-0.42), SARK (-0.34) and RWM (-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 COCP correlations calculated?
- We compute the correlation of daily returns between COCP 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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