Which stocks are most correlated with QNRX?

Based on one year of daily returns, the stocks most correlated with Quoin Pharmaceuticals, Ltd. American Depositary Shares (QNRX) are PTGX (0.40), IZEA (0.31) and LFS (0.30). 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 QNRX?

Over the past year, the stocks most inversely correlated with Quoin Pharmaceuticals, Ltd. American Depositary Shares (QNRX) are USNA (-0.31), GSLpB (-0.30) and NGLpB (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.

Quoin Pharmaceuticals, Ltd. American Depositary Shares (QNRX) — Stock Correlations & Overview

Over the past year, QNRX has moved most closely with PTGX, IZEA, LFS. Explore the stocks most correlated and inversely correlated with QNRX below, along with its price, financials, and company profile.

Stocks correlated with QNRX

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

Most correlated with QNRX

Symbol	Company	Correlation
PTGX	Protagonist Therapeutics, IncPHARMACEUTICAL PREPARATIONS	0.40
IZEA	IZEA Worldwide, Inc. Common StockSERVICES-ADVERTISING	0.31
LFS	LEIFRAS Co., Ltd. American Depositary Shares	0.30
NVX	NOVONIX Limited American Depository Shares	0.25
CODI	Compass DiversifiedHOUSEHOLD FURNITURE	0.23

Most inversely correlated with QNRX

Symbol	Company	Correlation
USNA	USANA Health Sciences IncMEDICINAL CHEMICALS & BOTANICAL PRODUCTS	-0.31
GSLpB	GLOBAL SHIP LEASE, INC. 8.75% SER B	-0.30
NGLpB	NGL Energy Partners LP 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units representing limited partnership interestsNATURAL GAS TRANSMISSION	-0.29
XCH	XCHG Limited American Depositary Share	-0.28
VG	Venture Global, Inc.NATURAL GAS DISTRIBUTION	-0.27

Frequently asked questions about QNRX correlations

Which stocks are most correlated with QNRX?: Based on one year of daily returns, the stocks most correlated with Quoin Pharmaceuticals, Ltd. American Depositary Shares (QNRX) are PTGX (0.40), IZEA (0.31) and LFS (0.30). 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 QNRX?: Over the past year, the stocks most inversely correlated with Quoin Pharmaceuticals, Ltd. American Depositary Shares (QNRX) are USNA (-0.31), GSLpB (-0.30) and NGLpB (-0.29). 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 QNRX correlations calculated?: We compute the correlation of daily returns between QNRX 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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