Which stocks are most correlated with COOT?

Based on one year of daily returns, the stocks most correlated with Australian Oilseeds Holdings Limited Ordinary Shares (COOT) are GNPX (0.58), PFAI (0.56) and OMER (0.48). 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 COOT?

Over the past year, the stocks most inversely correlated with Australian Oilseeds Holdings Limited Ordinary Shares (COOT) are YDKG (-0.50), PXLW (-0.43) and LGO (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

Australian Oilseeds Holdings Limited Ordinary Shares (COOT) — Stock Correlations & Overview

Over the past year, COOT has moved most closely with GNPX, PFAI, OMER. Explore the stocks most correlated and inversely correlated with COOT below, along with its price, financials, and company profile.

Stocks correlated with COOT

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

Most correlated with COOT

Symbol	Company	Correlation
GNPX	Genprex, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.58
PFAI	Pinnacle Food Group Limited Class A Common Shares	0.56
OMER	Omeros CorporationPHARMACEUTICAL PREPARATIONS	0.48
EVAX	Evaxion A/S American Depositary Share	0.44
TOVX	Theriva Biologics, Inc.PHARMACEUTICAL PREPARATIONS	0.43

Most inversely correlated with COOT

Symbol	Company	Correlation
YDKG	Yueda Digital Holding Class A Ordinary Share	-0.50
PXLW	Pixelworks IncSERVICES-PREPACKAGED SOFTWARE	-0.43
LGO	Largo Inc. Common Shares	-0.34
ELBM	Electra Battery Materials Corporation Common Stock	-0.25
GAINI	Gladstone Investment Corporation 7.875% Notes due 2030	-0.23

Frequently asked questions about COOT correlations

Which stocks are most correlated with COOT?: Based on one year of daily returns, the stocks most correlated with Australian Oilseeds Holdings Limited Ordinary Shares (COOT) are GNPX (0.58), PFAI (0.56) and OMER (0.48). 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 COOT?: Over the past year, the stocks most inversely correlated with Australian Oilseeds Holdings Limited Ordinary Shares (COOT) are YDKG (-0.50), PXLW (-0.43) and LGO (-0.34). 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 COOT correlations calculated?: We compute the correlation of daily returns between COOT 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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