Which stocks are most correlated with PROF?

Based on one year of daily returns, the stocks most correlated with Profound Medical Corp. Common Stock (PROF) are CLDI (0.46), YSPY (0.38) and BFLB (0.37). 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 PROF?

Over the past year, the stocks most inversely correlated with Profound Medical Corp. Common Stock (PROF) are DOG (-0.34), SDOW (-0.34) and SPDN (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

Profound Medical Corp. Common Stock (PROF) — Stock Correlations & Overview

Over the past year, PROF has moved most closely with CLDI, YSPY, BFLB. Explore the stocks most correlated and inversely correlated with PROF below, along with its price, financials, and company profile.

Stocks correlated with PROF

Correlation of daily returns. Higher positive values move with PROF; negative values move opposite it. Informational only, not investment advice.

Most correlated with PROF

Symbol	Company	Correlation
CLDI	Calidi Biotherapeutics, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.46
YSPY	GraniteShares YieldBOOST SPY ETF	0.38
BFLB	BufferLABS US Equity Dynamic Buffer ETF	0.37
OWLT	Owlet, Inc.MEASURING & CONTROLLING DEVICES, NEC	0.37
PMAR	Innovator U.S. Equity Power Buffer ETF - March	0.37

Most inversely correlated with PROF

Symbol	Company	Correlation
DOG	ProShares Short Dow30	-0.34
SDOW	ProShares UltraPro Short Dow 30	-0.34
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.34
DXD	ProShares UltraShort Dow 30	-0.34
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.34

Frequently asked questions about PROF correlations

Which stocks are most correlated with PROF?: Based on one year of daily returns, the stocks most correlated with Profound Medical Corp. Common Stock (PROF) are CLDI (0.46), YSPY (0.38) and BFLB (0.37). 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 PROF?: Over the past year, the stocks most inversely correlated with Profound Medical Corp. Common Stock (PROF) are DOG (-0.34), SDOW (-0.34) and SPDN (-0.34). 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 PROF correlations calculated?: We compute the correlation of daily returns between PROF 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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