Molecular Partners AG American Depositary Shares (MOLN) — Stock Correlations & Overview
Over the past year, MOLN has moved most closely with OXLCI, PH, MIY. Explore the stocks most correlated and inversely correlated with MOLN below, along with its price, financials, and company profile.
Stocks correlated with MOLN
Correlation of daily returns. Higher positive values move with MOLN; negative values move opposite it. Informational only, not investment advice.
Most correlated with MOLN
| Symbol | Company | Correlation |
|---|---|---|
| OXLCI | Oxford Lane Capital Corp. 8.75% Notes due 2030 | 0.27 |
| PH | Parker-Hannifin CorporationMISCELLANEOUS FABRICATED METAL PRODUCTS | 0.26 |
| MIY | BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC. i | 0.25 |
| RHLD | Resolute Holdings Management, Inc.FINANCE SERVICES | 0.23 |
| NLYpG | Annaly Capital Management, Inc. 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.23 |
Most inversely correlated with MOLN
| Symbol | Company | Correlation |
|---|---|---|
| ACVA | ACV Auctions Inc.SERVICES-BUSINESS SERVICES, NEC | -0.28 |
| PRTH | Priority Technology Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC | -0.27 |
| AMTD | AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares | -0.24 |
| MOVE | Corvex, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.24 |
| PRMB | Primo Brands CorporationBEVERAGES | -0.24 |
Frequently asked questions about MOLN correlations
- Which stocks are most correlated with MOLN?
- Based on one year of daily returns, the stocks most correlated with Molecular Partners AG American Depositary Shares (MOLN) are OXLCI (0.27), PH (0.26) and MIY (0.25). 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 MOLN?
- Over the past year, the stocks most inversely correlated with Molecular Partners AG American Depositary Shares (MOLN) are ACVA (-0.28), PRTH (-0.27) and AMTD (-0.24). 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 MOLN correlations calculated?
- We compute the correlation of daily returns between MOLN 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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