Which stocks are most correlated with KNSA?

Based on one year of daily returns, the stocks most correlated with Kiniksa Pharmaceuticals International, plc Class A Ordinary Shares (KNSA) are INCY (0.41), BBP (0.40) and IBBQ (0.37). 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 KNSA?

Over the past year, the stocks most inversely correlated with Kiniksa Pharmaceuticals International, plc Class A Ordinary Shares (KNSA) are BIS (-0.37), SNGX (-0.36) and LABD (-0.33). A negative correlation means the two stocks have tended to move in opposite directions.

Kiniksa Pharmaceuticals International, plc Class A Ordinary Shares (KNSA) — Stock Correlations & Overview

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

Stocks correlated with KNSA

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

Most correlated with KNSA

Symbol	Company	Correlation
INCY	Incyte Genomics IncSERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH	0.41
BBP	Virtus Biotech ETF	0.40
IBBQ	Invesco Nasdaq Biotechnology ETFINVESTMENT ADVICE	0.37
HRTS	Tema ETF Trust Tema Heart & Health ETF	0.36
BIB	ProShares Ultra NASDAQ Biotechnology	0.36

Most inversely correlated with KNSA

Symbol	Company	Correlation
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.37
SNGX	Soligenix, Inc. Common StockPHARMACEUTICAL PREPARATIONS	-0.36
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.33
TBIL	The RBB Fund, Inc. F/m US Treasury 3 Month Bill Fund	-0.28
RXD	ProShares UltraShort Health Care	-0.27

Frequently asked questions about KNSA correlations

Which stocks are most correlated with KNSA?: Based on one year of daily returns, the stocks most correlated with Kiniksa Pharmaceuticals International, plc Class A Ordinary Shares (KNSA) are INCY (0.41), BBP (0.40) and IBBQ (0.37). 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 KNSA?: Over the past year, the stocks most inversely correlated with Kiniksa Pharmaceuticals International, plc Class A Ordinary Shares (KNSA) are BIS (-0.37), SNGX (-0.36) and LABD (-0.33). 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 KNSA correlations calculated?: We compute the correlation of daily returns between KNSA 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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