Matinas BioPharma Holdings, Inc. (MTNB) — Stock Correlations & Overview
Over the past year, MTNB has moved most closely with WIMI, AGIO, YSXT. Explore the stocks most correlated and inversely correlated with MTNB below, along with its price, financials, and company profile.
Stocks correlated with MTNB
Correlation of daily returns. Higher positive values move with MTNB; negative values move opposite it. Informational only, not investment advice.
Most correlated with MTNB
| Symbol | Company | Correlation |
|---|---|---|
| WIMI | WiMi Hologram Cloud Inc. Class B Ordinary Shares | 0.29 |
| AGIO | Agios Pharmaceuticals, Inc.PHARMACEUTICAL PREPARATIONS | 0.27 |
| YSXT | YSX Tech. Co., Ltd Class A Ordinary Shares | 0.25 |
| STRK | Strategy Inc 8.00% Series A Perpetual Strike Preferred StockFINANCE SERVICES | 0.23 |
| EVO | Evotec SE American Depositary Shares | 0.23 |
Most inversely correlated with MTNB
| Symbol | Company | Correlation |
|---|---|---|
| VEEE | Twin Vee PowerCats Co. Common StockSHIP & BOAT BUILDING & REPAIRING | -0.21 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.20 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.20 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.20 |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -0.19 |
Frequently asked questions about MTNB correlations
- Which stocks are most correlated with MTNB?
- Based on one year of daily returns, the stocks most correlated with Matinas BioPharma Holdings, Inc. (MTNB) are WIMI (0.29), AGIO (0.27) and YSXT (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 MTNB?
- Over the past year, the stocks most inversely correlated with Matinas BioPharma Holdings, Inc. (MTNB) are VEEE (-0.21), IONZ (-0.20) and QBTZ (-0.20). 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 MTNB correlations calculated?
- We compute the correlation of daily returns between MTNB 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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