Protalix BioTherapeutics, Inc. Common Stock (PLX) — Stock Correlations & Overview
Over the past year, PLX has moved most closely with HIYY, QQQS, GSIT. Explore the stocks most correlated and inversely correlated with PLX below, along with its price, financials, and company profile.
Stocks correlated with PLX
Correlation of daily returns. Higher positive values move with PLX; negative values move opposite it. Informational only, not investment advice.
Most correlated with PLX
| Symbol | Company | Correlation |
|---|---|---|
| HIYY | YieldMax HIMS Option Income Strategy ETF | 0.35 |
| QQQS | Invesco NASDAQ Future Gen 200 ETFINVESTMENT ADVICE | 0.34 |
| GSIT | GSI TechnologySEMICONDUCTORS & RELATED DEVICES | 0.33 |
| KNOV | Innovator U.S. Small Cap Power Buffer ETF - November | 0.33 |
| KMAR | Innovator U.S. Small Cap Power Buffer ETF - March | 0.33 |
Frequently asked questions about PLX correlations
- Which stocks are most correlated with PLX?
- Based on one year of daily returns, the stocks most correlated with Protalix BioTherapeutics, Inc. Common Stock (PLX) are HIYY (0.35), QQQS (0.34) and GSIT (0.33). 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 PLX?
- Over the past year, the stocks most inversely correlated with Protalix BioTherapeutics, Inc. Common Stock (PLX) are RWM (-0.31), TWM (-0.31) and SRTY (-0.30). 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 PLX correlations calculated?
- We compute the correlation of daily returns between PLX 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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