Citius Pharmaceuticals Inc. Common (CTXR) — Stock Correlations & Overview
Over the past year, CTXR has moved most closely with CTOR, PBW, UPGR. Explore the stocks most correlated and inversely correlated with CTXR below, along with its price, financials, and company profile.
Stocks correlated with CTXR
Correlation of daily returns. Higher positive values move with CTXR; negative values move opposite it. Informational only, not investment advice.
Most correlated with CTXR
| Symbol | Company | Correlation |
|---|---|---|
| CTOR | Citius Oncology, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.47 |
| PBW | Invesco WilderHill Clean Energy ETF | 0.40 |
| UPGR | Xtrackers US Green Infrastructure Select Equity ETF | 0.40 |
| QQQS | Invesco NASDAQ Future Gen 200 ETFINVESTMENT ADVICE | 0.38 |
| CNRG | State Street SPDR S&P Kensho Clean Power ETF | 0.38 |
Most inversely correlated with CTXR
| Symbol | Company | Correlation |
|---|---|---|
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.35 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.35 |
| TWM | ProShares UltraShort Russell2000 | -0.34 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.34 |
| RWM | ProShares Short Russell2000 | -0.34 |
Frequently asked questions about CTXR correlations
- Which stocks are most correlated with CTXR?
- Based on one year of daily returns, the stocks most correlated with Citius Pharmaceuticals Inc. Common (CTXR) are CTOR (0.47), PBW (0.40) and UPGR (0.40). 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 CTXR?
- Over the past year, the stocks most inversely correlated with Citius Pharmaceuticals Inc. Common (CTXR) are TZA (-0.35), SARK (-0.35) and TWM (-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 CTXR correlations calculated?
- We compute the correlation of daily returns between CTXR 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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