Guardant Health, Inc. Common Stock (GH) — Stock Correlations & Overview

Over the past year, GH has moved most closely with HELX, EKG, ARKG. Explore the stocks most correlated and inversely correlated with GH below, along with its price, financials, and company profile.

Stocks correlated with GH

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

Most correlated with GH

SymbolCompanyCorrelation
HELXFranklin Genomic Advancements ETF0.62
EKGFirst Trust Nasdaq Lux Digital Health Solutions ETF0.53
ARKGARK Genomic Revolution ETF0.50
NTRANatera, Inc. Common StockSERVICES-MEDICAL LABORATORIES0.50
HTECROBO Global Healthcare Technology and Innovation ETF0.49

Most inversely correlated with GH

SymbolCompanyCorrelation
LABDDirexion Daily S&P Biotech Bear 3X ETF-0.37
BISProShares UltraShort NASDAQ Biotechnology-0.34
SARKInvestment Managers Series Trust II Tradr 1X Short Innovation Daily ETF-0.32
SRTYProShares UltraPro Short Russell2000-0.32
TWMProShares UltraShort Russell2000-0.31

Frequently asked questions about GH correlations

Which stocks are most correlated with GH?
Based on one year of daily returns, the stocks most correlated with Guardant Health, Inc. Common Stock (GH) are HELX (0.62), EKG (0.53) and ARKG (0.50). 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 GH?
Over the past year, the stocks most inversely correlated with Guardant Health, Inc. Common Stock (GH) are LABD (-0.37), BIS (-0.34) and SARK (-0.32). 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 GH correlations calculated?
We compute the correlation of daily returns between GH 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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