GeoVax Labs, Inc. New (GOVX) — Stock Correlations & Overview
Over the past year, GOVX has moved most closely with BRC, SACH, SBFM. Explore the stocks most correlated and inversely correlated with GOVX below, along with its price, financials, and company profile.
Stocks correlated with GOVX
Correlation of daily returns. Higher positive values move with GOVX; negative values move opposite it. Informational only, not investment advice.
Most correlated with GOVX
| Symbol | Company | Correlation |
|---|---|---|
| BRC | Brady CorporationMISCELLANEOUS MANUFACTURING INDUSTRIES | 0.35 |
| SACH | Sachem Capital Corp. Common SharesREAL ESTATE INVESTMENT TRUSTS | 0.33 |
| SBFM | Sunshine Biopharma Inc.PHARMACEUTICAL PREPARATIONS | 0.32 |
| GGOV | iShares Global Government Bond USD Hedged Active ETF | 0.31 |
| IAGG | iShares Core International Aggregate Bond Fund | 0.30 |
Frequently asked questions about GOVX correlations
- Which stocks are most correlated with GOVX?
- Based on one year of daily returns, the stocks most correlated with GeoVax Labs, Inc. New (GOVX) are BRC (0.35), SACH (0.33) and SBFM (0.32). 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 GOVX?
- Over the past year, the stocks most inversely correlated with GeoVax Labs, Inc. New (GOVX) are LICN (-0.24), QCMD (-0.23) and TBLL (-0.20). 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 GOVX correlations calculated?
- We compute the correlation of daily returns between GOVX 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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