Which stocks are most correlated with CTNM?

Based on one year of daily returns, the stocks most correlated with Contineum Therapeutics, Inc. Class A Common Stock (CTNM) are BBC (0.41), SBIO (0.39) and LABU (0.37). 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 CTNM?

Over the past year, the stocks most inversely correlated with Contineum Therapeutics, Inc. Class A Common Stock (CTNM) are LABD (-0.37), BIS (-0.33) and CORD (-0.30). A negative correlation means the two stocks have tended to move in opposite directions.

Contineum Therapeutics, Inc. Class A Common Stock (CTNM) — Stock Correlations & Overview

Over the past year, CTNM has moved most closely with BBC, SBIO, LABU. Explore the stocks most correlated and inversely correlated with CTNM below, along with its price, financials, and company profile.

Stocks correlated with CTNM

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

Most correlated with CTNM

Symbol	Company	Correlation
BBC	Virtus Biotech Clinical Trials ETF	0.41
SBIO	ALPS Medical Breakthroughs ETF	0.39
LABU	Direxion Daily S&P Biotech Bull 3X ETF	0.37
PILL	Direxion Daily Pharmaceutical & Medical Bull 3X ETF	0.37
XBI	State Street SPDR S&P Biotech ETF	0.37

Most inversely correlated with CTNM

Symbol	Company	Correlation
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.37
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.33
CORD	T-REX 2X Inverse CRWV Daily Target ETF	-0.30
TTXD	Direxion Daily Technology Top 5 Bear 2X ETF	-0.30
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.30

Frequently asked questions about CTNM correlations

Which stocks are most correlated with CTNM?: Based on one year of daily returns, the stocks most correlated with Contineum Therapeutics, Inc. Class A Common Stock (CTNM) are BBC (0.41), SBIO (0.39) and LABU (0.37). 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 CTNM?: Over the past year, the stocks most inversely correlated with Contineum Therapeutics, Inc. Class A Common Stock (CTNM) are LABD (-0.37), BIS (-0.33) and CORD (-0.30). 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 CTNM correlations calculated?: We compute the correlation of daily returns between CTNM 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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