Indaptus Therapeutics, Inc. Common Stock (INDP) — Stock Correlations & Overview
Over the past year, INDP has moved most closely with VERU, STI, LAB. Explore the stocks most correlated and inversely correlated with INDP below, along with its price, financials, and company profile.
Stocks correlated with INDP
Correlation of daily returns. Higher positive values move with INDP; negative values move opposite it. Informational only, not investment advice.
Most correlated with INDP
| Symbol | Company | Correlation |
|---|---|---|
| VERU | Veru Inc.PHARMACEUTICAL PREPARATIONS | 0.48 |
| STI | Solidion Technology, Inc. Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.37 |
| LAB | Standard BioTools Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.31 |
| BRIA | BrilliA Inc | 0.31 |
| GLMD | Galmed Pharmaceuticals Ltd. | 0.30 |
Most inversely correlated with INDP
| Symbol | Company | Correlation |
|---|---|---|
| ADCT | ADC Therapeutics SAPHARMACEUTICAL PREPARATIONS | -0.30 |
| SFWL | Shengfeng Development Limited Class A Ordinary Shares | -0.23 |
| SEF | ProShares Short Financials | -0.22 |
| SKF | ProShares UltraShort Financials | -0.21 |
| SUNE | SUNation Energy, Inc. Common StockCONSTRUCTION - SPECIAL TRADE CONTRACTORS | -0.21 |
Frequently asked questions about INDP correlations
- Which stocks are most correlated with INDP?
- Based on one year of daily returns, the stocks most correlated with Indaptus Therapeutics, Inc. Common Stock (INDP) are VERU (0.48), STI (0.37) and LAB (0.31). 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 INDP?
- Over the past year, the stocks most inversely correlated with Indaptus Therapeutics, Inc. Common Stock (INDP) are ADCT (-0.30), SFWL (-0.23) and SEF (-0.22). 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 INDP correlations calculated?
- We compute the correlation of daily returns between INDP 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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