Marker Therapeutics, Inc. Common Stock (MRKR) — Stock Correlations & Overview
Over the past year, MRKR has moved most closely with BBC, PILL, XPH. Explore the stocks most correlated and inversely correlated with MRKR below, along with its price, financials, and company profile.
Stocks correlated with MRKR
Correlation of daily returns. Higher positive values move with MRKR; negative values move opposite it. Informational only, not investment advice.
Most correlated with MRKR
| Symbol | Company | Correlation |
|---|---|---|
| BBC | Virtus Biotech Clinical Trials ETF | 0.43 |
| PILL | Direxion Daily Pharmaceutical & Medical Bull 3X ETF | 0.39 |
| XPH | State Street SPDR S&P Pharmaceuticals ETF | 0.39 |
| XBI | State Street SPDR S&P Biotech ETF | 0.39 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.39 |
Most inversely correlated with MRKR
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.38 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.35 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.27 |
| RWM | ProShares Short Russell2000 | -0.27 |
| TWM | ProShares UltraShort Russell2000 | -0.27 |
Frequently asked questions about MRKR correlations
- Which stocks are most correlated with MRKR?
- Based on one year of daily returns, the stocks most correlated with Marker Therapeutics, Inc. Common Stock (MRKR) are BBC (0.43), PILL (0.39) and XPH (0.39). 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 MRKR?
- Over the past year, the stocks most inversely correlated with Marker Therapeutics, Inc. Common Stock (MRKR) are LABD (-0.38), BIS (-0.35) and SARK (-0.27). 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 MRKR correlations calculated?
- We compute the correlation of daily returns between MRKR 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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