Jasper Therapeutics, Inc. Common Stock (JSPR) — Stock Correlations & Overview
Over the past year, JSPR has moved most closely with NXTC, CRMT, IMRX. Explore the stocks most correlated and inversely correlated with JSPR below, along with its price, financials, and company profile.
Stocks correlated with JSPR
Correlation of daily returns. Higher positive values move with JSPR; negative values move opposite it. Informational only, not investment advice.
Most correlated with JSPR
| Symbol | Company | Correlation |
|---|---|---|
| NXTC | NextCure, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.36 |
| CRMT | America's Car Mart IncRETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.36 |
| IMRX | Immuneering Corporation Class A Common StockPHARMACEUTICAL PREPARATIONS | 0.35 |
| FEBP | PGIM S&P 500 Buffer 12 ETF - February | 0.34 |
| APRP | PGIM S&P 500 Buffer 12 ETF - April | 0.33 |
Most inversely correlated with JSPR
| Symbol | Company | Correlation |
|---|---|---|
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -0.30 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.28 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.28 |
| SMST | Tidal Trust II Defiance Daily Target 2x Short MSTR ETF | -0.28 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.28 |
Frequently asked questions about JSPR correlations
- Which stocks are most correlated with JSPR?
- Based on one year of daily returns, the stocks most correlated with Jasper Therapeutics, Inc. Common Stock (JSPR) are NXTC (0.36), CRMT (0.36) and IMRX (0.35). 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 JSPR?
- Over the past year, the stocks most inversely correlated with Jasper Therapeutics, Inc. Common Stock (JSPR) are BTAL (-0.30), LABD (-0.28) and SARK (-0.28). 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 JSPR correlations calculated?
- We compute the correlation of daily returns between JSPR 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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