Natera, Inc. Common Stock (NTRA) — Stock Correlations & Overview
Over the past year, NTRA has moved most closely with HELX, DRKY, EKG. Explore the stocks most correlated and inversely correlated with NTRA below, along with its price, financials, and company profile.
Stocks correlated with NTRA
Correlation of daily returns. Higher positive values move with NTRA; negative values move opposite it. Informational only, not investment advice.
Most correlated with NTRA
| Symbol | Company | Correlation |
|---|---|---|
| HELX | Franklin Genomic Advancements ETF | 0.71 |
| DRKY | VistaShares Target 15 DRUKMacro Distribution ETF | 0.70 |
| EKG | First Trust Nasdaq Lux Digital Health Solutions ETF | 0.66 |
| ARKG | ARK Genomic Revolution ETF | 0.62 |
| FMED | Fidelity Disruptive Medicine ETF | 0.61 |
Most inversely correlated with NTRA
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.51 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.50 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.47 |
| RWM | ProShares Short Russell2000 | -0.39 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.38 |
Frequently asked questions about NTRA correlations
- Which stocks are most correlated with NTRA?
- Based on one year of daily returns, the stocks most correlated with Natera, Inc. Common Stock (NTRA) are HELX (0.71), DRKY (0.70) and EKG (0.66). 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 NTRA?
- Over the past year, the stocks most inversely correlated with Natera, Inc. Common Stock (NTRA) are SARK (-0.51), LABD (-0.50) and BIS (-0.47). 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 NTRA correlations calculated?
- We compute the correlation of daily returns between NTRA 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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