Propanc Biopharma, Inc. Common Stock (PPCB) — Stock Correlations & Overview
Over the past year, PPCB has moved most closely with CELU, LGPS, OKTA. Explore the stocks most correlated and inversely correlated with PPCB below, along with its price, financials, and company profile.
Stocks correlated with PPCB
Correlation of daily returns. Higher positive values move with PPCB; negative values move opposite it. Informational only, not investment advice.
Most correlated with PPCB
| Symbol | Company | Correlation |
|---|---|---|
| CELU | Celularity Inc. Class A Common StockPHARMACEUTICAL PREPARATIONS | 0.43 |
| LGPS | LogProstyle Inc. | 0.36 |
| OKTA | Okta, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.35 |
| CRWD | CrowdStrike Holdings, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.34 |
| PSWD | Xtrackers Cybersecurity Select Equity ETF | 0.34 |
Most inversely correlated with PPCB
| Symbol | Company | Correlation |
|---|---|---|
| PALD | Direxion Shares ETF Trust Direxion Daily PANW Bear 1X ETF | -0.30 |
| BBW | Build-A-Bear Workshop, Inc.RETAIL-HOBBY, TOY & GAME SHOPS | -0.29 |
| AD | Array Digital Infrastructure, Inc.RADIOTELEPHONE COMMUNICATIONS | -0.28 |
| NTCL | NETCLASS TECHNOLOGY INC Class A Ordinary Shares | -0.26 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.26 |
Frequently asked questions about PPCB correlations
- Which stocks are most correlated with PPCB?
- Based on one year of daily returns, the stocks most correlated with Propanc Biopharma, Inc. Common Stock (PPCB) are CELU (0.43), LGPS (0.36) and OKTA (0.35). 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 PPCB?
- Over the past year, the stocks most inversely correlated with Propanc Biopharma, Inc. Common Stock (PPCB) are PALD (-0.30), BBW (-0.29) and AD (-0.28). 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 PPCB correlations calculated?
- We compute the correlation of daily returns between PPCB 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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