Femasys Inc. Common Stock (FEMY) — Stock Correlations & Overview
Over the past year, FEMY has moved most closely with HYDR, BLDP, PLUG. Explore the stocks most correlated and inversely correlated with FEMY below, along with its price, financials, and company profile.
Stocks correlated with FEMY
Correlation of daily returns. Higher positive values move with FEMY; negative values move opposite it. Informational only, not investment advice.
Most correlated with FEMY
| Symbol | Company | Correlation |
|---|---|---|
| HYDR | Global X Hydrogen ETF | 0.33 |
| BLDP | Ballard Power Systems Inc. | 0.31 |
| PLUG | Plug Power Inc.ELECTRICAL INDUSTRIAL APPARATUS | 0.29 |
| SERV | Serve Robotics Inc. Common StockGENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC | 0.29 |
| ONMD | OneMedNet Corp Class A Common StockSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH | 0.28 |
Most inversely correlated with FEMY
| Symbol | Company | Correlation |
|---|---|---|
| EWV | ProShares Trust UltraShort MSCI Japan | -0.23 |
| MMLP | Martin Midstream Partners LPWHOLESALE-PETROLEUM BULK STATIONS & TERMINALS | -0.22 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.21 |
| FIAT | YieldMax Short COIN Option Income Strategy ETF | -0.21 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.21 |
Frequently asked questions about FEMY correlations
- Which stocks are most correlated with FEMY?
- Based on one year of daily returns, the stocks most correlated with Femasys Inc. Common Stock (FEMY) are HYDR (0.33), BLDP (0.31) and PLUG (0.29). 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 FEMY?
- Over the past year, the stocks most inversely correlated with Femasys Inc. Common Stock (FEMY) are EWV (-0.23), MMLP (-0.22) and EFU (-0.21). 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 FEMY correlations calculated?
- We compute the correlation of daily returns between FEMY 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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