Daxor Corporation Common Stock (DXR) — Stock Correlations & Overview
Over the past year, DXR has moved most closely with PHOE, OGN, PFFL. Explore the stocks most correlated and inversely correlated with DXR below, along with its price, financials, and company profile.
Stocks correlated with DXR
Correlation of daily returns. Higher positive values move with DXR; negative values move opposite it. Informational only, not investment advice.
Most correlated with DXR
| Symbol | Company | Correlation |
|---|---|---|
| PHOE | Phoenix Asia Holdings Limited Ordinary Shares | 0.31 |
| OGN | Organon & Co.PHARMACEUTICAL PREPARATIONS | 0.27 |
| PFFL | ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN | 0.25 |
| VNAM | Global X MSCI Vietnam ETF | 0.25 |
| UNG | United States Natural Gas Fund, LP UnitCOMMODITY CONTRACTS BROKERS & DEALERS | 0.22 |
Most inversely correlated with DXR
| Symbol | Company | Correlation |
|---|---|---|
| CODX | Co-Diagnostics, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.32 |
| TGS | Transportadora de Gas del Sur S.A. ADS | -0.30 |
| RNA | Atrium Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.29 |
| TEO | Telecom Argentina S.A. | -0.28 |
| CEPU | Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) | -0.26 |
Frequently asked questions about DXR correlations
- Which stocks are most correlated with DXR?
- Based on one year of daily returns, the stocks most correlated with Daxor Corporation Common Stock (DXR) are PHOE (0.31), OGN (0.27) and PFFL (0.25). 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 DXR?
- Over the past year, the stocks most inversely correlated with Daxor Corporation Common Stock (DXR) are CODX (-0.32), TGS (-0.30) and RNA (-0.29). 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 DXR correlations calculated?
- We compute the correlation of daily returns between DXR 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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