Arcus Biosciences, Inc. (RCUS) — Stock Correlations & Overview
Over the past year, RCUS has moved most closely with BBC, LABU, XBI. Explore the stocks most correlated and inversely correlated with RCUS below, along with its price, financials, and company profile.
Stocks correlated with RCUS
Correlation of daily returns. Higher positive values move with RCUS; negative values move opposite it. Informational only, not investment advice.
Most correlated with RCUS
| Symbol | Company | Correlation |
|---|---|---|
| BBC | Virtus Biotech Clinical Trials ETF | 0.60 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.59 |
| XBI | State Street SPDR S&P Biotech ETF | 0.58 |
| SBIO | ALPS Medical Breakthroughs ETF | 0.58 |
| CANC | Tema Oncology ETF | 0.55 |
Most inversely correlated with RCUS
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.58 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.51 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.41 |
| BERZ | MicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.41 |
| RWM | ProShares Short Russell2000 | -0.40 |
Frequently asked questions about RCUS correlations
- Which stocks are most correlated with RCUS?
- Based on one year of daily returns, the stocks most correlated with Arcus Biosciences, Inc. (RCUS) are BBC (0.60), LABU (0.59) and XBI (0.58). 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 RCUS?
- Over the past year, the stocks most inversely correlated with Arcus Biosciences, Inc. (RCUS) are LABD (-0.58), BIS (-0.51) and TSXD (-0.41). 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 RCUS correlations calculated?
- We compute the correlation of daily returns between RCUS 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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