Seres Therapeutics, Inc. (MCRB) — Stock Correlations & Overview

Over the past year, MCRB has moved most closely with ICLR, CSCL, EDOG. Explore the stocks most correlated and inversely correlated with MCRB below, along with its price, financials, and company profile.

Stocks correlated with MCRB

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

Most correlated with MCRB

SymbolCompanyCorrelation
ICLRIcon Plc0.44
CSCLDirexion Daily CSCO Bull 2X ETF0.34
EDOGALPS Emerging Sector Dividend Dogs ETF0.33
CSCOCisco Systems, Inc. Common Stock (DE)COMPUTER COMMUNICATIONS EQUIPMENT0.32
SLMTBrera Holdings PLC Class B Ordinary Shares0.32

Most inversely correlated with MCRB

SymbolCompanyCorrelation
CSCSDirexion Daily CSCO Bear 1X ETF-0.29
MGRTMega Fortune Company Limited Ordinary Shares-0.28
RWTRedwood Trust, Inc.REAL ESTATE INVESTMENT TRUSTS-0.28
BISProShares UltraShort NASDAQ Biotechnology-0.25
USFDUS Foods Holding Corp.WHOLESALE-GROCERIES & RELATED PRODUCTS-0.24

Frequently asked questions about MCRB correlations

Which stocks are most correlated with MCRB?
Based on one year of daily returns, the stocks most correlated with Seres Therapeutics, Inc. (MCRB) are ICLR (0.44), CSCL (0.34) and EDOG (0.33). 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 MCRB?
Over the past year, the stocks most inversely correlated with Seres Therapeutics, Inc. (MCRB) are CSCS (-0.29), MGRT (-0.28) and RWT (-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 MCRB correlations calculated?
We compute the correlation of daily returns between MCRB 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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