Which stocks are most correlated with IOVA?

Based on one year of daily returns, the stocks most correlated with Iovance Biotherapeutics, Inc. Common Stock (IOVA) are BBP (0.52), BBC (0.47) and LABU (0.47). 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 IOVA?

Over the past year, the stocks most inversely correlated with Iovance Biotherapeutics, Inc. Common Stock (IOVA) are LABD (-0.46), BIS (-0.43) and YXT (-0.32). A negative correlation means the two stocks have tended to move in opposite directions.

Iovance Biotherapeutics, Inc. Common Stock (IOVA) — Stock Correlations & Overview

Over the past year, IOVA has moved most closely with BBP, BBC, LABU. Explore the stocks most correlated and inversely correlated with IOVA below, along with its price, financials, and company profile.

Stocks correlated with IOVA

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

Most correlated with IOVA

Symbol	Company	Correlation
BBP	Virtus Biotech ETF	0.52
BBC	Virtus Biotech Clinical Trials ETF	0.47
LABU	Direxion Daily S&P Biotech Bull 3X ETF	0.47
XBI	State Street SPDR S&P Biotech ETF	0.47
IDNA	iShares Genomics Immunology and Healthcare ETF	0.45

Most inversely correlated with IOVA

Symbol	Company	Correlation
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.46
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.43
YXT	YXT.COM GROUP HOLDING LIMITED American Depository Shares	-0.32
UUP	Invesco DB US Dollar Index Bullish FundCOMMODITY CONTRACTS BROKERS & DEALERS	-0.28
SRTY	ProShares UltraPro Short Russell2000	-0.26

Frequently asked questions about IOVA correlations

Which stocks are most correlated with IOVA?: Based on one year of daily returns, the stocks most correlated with Iovance Biotherapeutics, Inc. Common Stock (IOVA) are BBP (0.52), BBC (0.47) and LABU (0.47). 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 IOVA?: Over the past year, the stocks most inversely correlated with Iovance Biotherapeutics, Inc. Common Stock (IOVA) are LABD (-0.46), BIS (-0.43) and YXT (-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 IOVA correlations calculated?: We compute the correlation of daily returns between IOVA 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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