NextCure, Inc. Common Stock (NXTC) — Stock Correlations & Overview
Over the past year, NXTC has moved most closely with JSPR, CRMT, LEDS. Explore the stocks most correlated and inversely correlated with NXTC below, along with its price, financials, and company profile.
Stocks correlated with NXTC
Correlation of daily returns. Higher positive values move with NXTC; negative values move opposite it. Informational only, not investment advice.
Most correlated with NXTC
| Symbol | Company | Correlation |
|---|---|---|
| JSPR | Jasper Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.36 |
| CRMT | America's Car Mart IncRETAIL-AUTO DEALERS & GASOLINE STATIONS | 0.34 |
| LEDS | SemiLEDS CorporationSEMICONDUCTORS & RELATED DEVICES | 0.32 |
| OCS | Oculis Holding AG Ordinary shares | 0.26 |
| BLSH | Bullish | 0.23 |
Most inversely correlated with NXTC
| Symbol | Company | Correlation |
|---|---|---|
| IBM | International Business Machines CorporationCOMPUTER & OFFICE EQUIPMENT | -0.37 |
| PLTZ | Defiance Daily Target 2x Short PLTR ETF | -0.22 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.21 |
| PLTD | Direxion Shares ETF Trust Direxion Dailly PLTR Bear 1X ETF | -0.21 |
| MZTI | The Marzetti Company Common StockCANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES | -0.21 |
Frequently asked questions about NXTC correlations
- Which stocks are most correlated with NXTC?
- Based on one year of daily returns, the stocks most correlated with NextCure, Inc. Common Stock (NXTC) are JSPR (0.36), CRMT (0.34) and LEDS (0.32). 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 NXTC?
- Over the past year, the stocks most inversely correlated with NextCure, Inc. Common Stock (NXTC) are IBM (-0.37), PLTZ (-0.22) and SARK (-0.21). 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 NXTC correlations calculated?
- We compute the correlation of daily returns between NXTC 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.