Emergent Biosolutions, Inc. (EBS) — Stock Correlations & Overview
Over the past year, EBS has moved most closely with TDUP, COLL, INTS. Explore the stocks most correlated and inversely correlated with EBS below, along with its price, financials, and company profile.
Stocks correlated with EBS
Correlation of daily returns. Higher positive values move with EBS; negative values move opposite it. Informational only, not investment advice.
Most correlated with EBS
| Symbol | Company | Correlation |
|---|---|---|
| TDUP | ThredUp Inc. Class A Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.42 |
| COLL | Collegium Pharmaceutical, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.41 |
| INTS | Intensity Therapeutics, Inc. Common stockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.40 |
| DNA | Ginkgo Bioworks Holdings, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.40 |
| RUN | Sunrun IncMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.39 |
Most inversely correlated with EBS
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.32 |
| RWM | ProShares Short Russell2000 | -0.30 |
| EHC | Encompass Health Corporation Common StockSERVICES-HOSPITALS | -0.30 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.30 |
| CI | The Cigna GroupHOSPITAL & MEDICAL SERVICE PLANS | -0.29 |
Frequently asked questions about EBS correlations
- Which stocks are most correlated with EBS?
- Based on one year of daily returns, the stocks most correlated with Emergent Biosolutions, Inc. (EBS) are TDUP (0.42), COLL (0.41) and INTS (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 EBS?
- Over the past year, the stocks most inversely correlated with Emergent Biosolutions, Inc. (EBS) are LABD (-0.32), RWM (-0.30) and EHC (-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 EBS correlations calculated?
- We compute the correlation of daily returns between EBS 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.