Which stocks are most correlated with QGEN?

Based on one year of daily returns, the stocks most correlated with QIAGEN N.V. (QGEN) are HTEC (0.49), EKG (0.49) and FXH (0.47). 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 QGEN?

Over the past year, the stocks most inversely correlated with QIAGEN N.V. (QGEN) are RXD (-0.34), BIS (-0.33) and LABD (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

QIAGEN N.V. (QGEN) — Stock Correlations & Overview

Over the past year, QGEN has moved most closely with HTEC, EKG, FXH. Explore the stocks most correlated and inversely correlated with QGEN below, along with its price, financials, and company profile.

Stocks correlated with QGEN

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

Most correlated with QGEN

Symbol	Company	Correlation
HTEC	ROBO Global Healthcare Technology and Innovation ETF	0.49
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	0.49
FXH	First Trust Health Care AlphaDEX Fund	0.47
TXG	10x Genomics, Inc. Class A Common StockLABORATORY ANALYTICAL INSTRUMENTS	0.47
RVTY	Revvity, Inc.LABORATORY ANALYTICAL INSTRUMENTS	0.46

Most inversely correlated with QGEN

Symbol	Company	Correlation
RXD	ProShares UltraShort Health Care	-0.34
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.33
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.28
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.27
MZZ	ProShares UltraShort MidCap400	-0.27

Frequently asked questions about QGEN correlations

Which stocks are most correlated with QGEN?: Based on one year of daily returns, the stocks most correlated with QIAGEN N.V. (QGEN) are HTEC (0.49), EKG (0.49) and FXH (0.47). 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 QGEN?: Over the past year, the stocks most inversely correlated with QIAGEN N.V. (QGEN) are RXD (-0.34), BIS (-0.33) and LABD (-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 QGEN correlations calculated?: We compute the correlation of daily returns between QGEN 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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