Which stocks are most correlated with KYTX?

Based on one year of daily returns, the stocks most correlated with Kyverna Therapeutics, Inc. Common Stock (KYTX) are FDMT (0.59), BBC (0.58) and SBIO (0.54). 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 KYTX?

Over the past year, the stocks most inversely correlated with Kyverna Therapeutics, Inc. Common Stock (KYTX) are LABD (-0.53), BIS (-0.47) and SARK (-0.43). A negative correlation means the two stocks have tended to move in opposite directions.

Kyverna Therapeutics, Inc. Common Stock (KYTX) — Stock Correlations & Overview

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

Stocks correlated with KYTX

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

Most correlated with KYTX

Symbol	Company	Correlation
FDMT	4D Molecular Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.59
BBC	Virtus Biotech Clinical Trials ETF	0.58
SBIO	ALPS Medical Breakthroughs ETF	0.54
LABU	Direxion Daily S&P Biotech Bull 3X ETF	0.53
XBI	State Street SPDR S&P Biotech ETF	0.53

Most inversely correlated with KYTX

Symbol	Company	Correlation
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.53
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.47
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.43
RWM	ProShares Short Russell2000	-0.40
TWM	ProShares UltraShort Russell2000	-0.40

Frequently asked questions about KYTX correlations

Which stocks are most correlated with KYTX?: Based on one year of daily returns, the stocks most correlated with Kyverna Therapeutics, Inc. Common Stock (KYTX) are FDMT (0.59), BBC (0.58) and SBIO (0.54). 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 KYTX?: Over the past year, the stocks most inversely correlated with Kyverna Therapeutics, Inc. Common Stock (KYTX) are LABD (-0.53), BIS (-0.47) and SARK (-0.43). 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 KYTX correlations calculated?: We compute the correlation of daily returns between KYTX 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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