Gossamer Bio, Inc. Common Stock (GOSS) — Stock Correlations & Overview
Over the past year, GOSS has moved most closely with SCL, BKLN, NVOX. Explore the stocks most correlated and inversely correlated with GOSS below, along with its price, financials, and company profile.
Stocks correlated with GOSS
Correlation of daily returns. Higher positive values move with GOSS; negative values move opposite it. Informational only, not investment advice.
Most correlated with GOSS
| Symbol | Company | Correlation |
|---|---|---|
| SCL | Stepan Co.SOAP, DETERGENTS, CLEANG PREPARATIONS, PERFUMES, COSMETICS | 0.51 |
| BKLN | Invesco Senior Loan ETFINVESTMENT ADVICE | 0.41 |
| NVOX | Defiance Daily Target 2x Long NVO ETF | 0.41 |
| NVO | Novo-Nordisk A/S | 0.39 |
| NVOH | Novo Nordisk A/S (B Shares) ADRhedged | 0.38 |
Most inversely correlated with GOSS
| Symbol | Company | Correlation |
|---|---|---|
| ASPS | Altisource Portfolio Solutions S.A.SERVICES-MISCELLANEOUS BUSINESS SERVICES | -0.32 |
| FBIOP | Fortress Biotech, Inc. 9.375% Series A Cumulative Redeemable Perpetual Preferred StockPHARMACEUTICAL PREPARATIONS | -0.28 |
| VNDA | Vanda Pharmaceuticals Inc.PHARMACEUTICAL PREPARATIONS | -0.26 |
| SKF | ProShares UltraShort Financials | -0.25 |
| SEF | ProShares Short Financials | -0.25 |
Frequently asked questions about GOSS correlations
- Which stocks are most correlated with GOSS?
- Based on one year of daily returns, the stocks most correlated with Gossamer Bio, Inc. Common Stock (GOSS) are SCL (0.51), BKLN (0.41) and NVOX (0.41). 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 GOSS?
- Over the past year, the stocks most inversely correlated with Gossamer Bio, Inc. Common Stock (GOSS) are ASPS (-0.32), FBIOP (-0.28) and VNDA (-0.26). 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 GOSS correlations calculated?
- We compute the correlation of daily returns between GOSS 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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