Arcadia Biosciences, Inc. (RKDA) — Stock Correlations & Overview
Over the past year, RKDA has moved most closely with COOT, GNPX, NXL. Explore the stocks most correlated and inversely correlated with RKDA below, along with its price, financials, and company profile.
Stocks correlated with RKDA
Correlation of daily returns. Higher positive values move with RKDA; negative values move opposite it. Informational only, not investment advice.
Most correlated with RKDA
| Symbol | Company | Correlation |
|---|---|---|
| COOT | Australian Oilseeds Holdings Limited Ordinary SharesFATS & OILS | 0.39 |
| GNPX | Genprex, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.37 |
| NXL | Nexalin Technology, Inc. Common StockELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS | 0.34 |
| PFAI | Pinnacle Food Group Limited Class A Common Shares | 0.33 |
| LAB | Standard BioTools Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.32 |
Most inversely correlated with RKDA
| Symbol | Company | Correlation |
|---|---|---|
| AOMN | Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029REAL ESTATE | -0.29 |
| YDKG | Yueda Digital Holding Class A Ordinary Share | -0.28 |
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.23 |
| OXSQH | Oxford Square Capital Corp. 7.75% Notes due 2030 | -0.20 |
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | -0.19 |
Frequently asked questions about RKDA correlations
- Which stocks are most correlated with RKDA?
- Based on one year of daily returns, the stocks most correlated with Arcadia Biosciences, Inc. (RKDA) are COOT (0.39), GNPX (0.37) and NXL (0.34). 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 RKDA?
- Over the past year, the stocks most inversely correlated with Arcadia Biosciences, Inc. (RKDA) are AOMN (-0.29), YDKG (-0.28) and SLTY (-0.23). 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 RKDA correlations calculated?
- We compute the correlation of daily returns between RKDA 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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