SAB Biotherapeutics, Inc. Common Stock (SABS) — Stock Correlations & Overview
Over the past year, SABS has moved most closely with BTQ, IWC, ARKT. Explore the stocks most correlated and inversely correlated with SABS below, along with its price, financials, and company profile.
Stocks correlated with SABS
Correlation of daily returns. Higher positive values move with SABS; negative values move opposite it. Informational only, not investment advice.
Most correlated with SABS
| Symbol | Company | Correlation |
|---|---|---|
| BTQ | BTQ Technologies Corp. Common Stock | 0.32 |
| IWC | iShares Micro-Cap ETF | 0.31 |
| ARKT | ARK DIET Q4 Buffer ETF | 0.31 |
| GPUS | Hyperscale Data, Inc.OIL & GAS FIELD MACHINERY & EQUIPMENT | 0.31 |
| QSI | Quantum-Si Incorporated Class A Common StockMEASURING & CONTROLLING DEVICES, NEC | 0.31 |
Most inversely correlated with SABS
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.29 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.28 |
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.27 |
| UVIX | 2x Long VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.27 |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.27 |
Frequently asked questions about SABS correlations
- Which stocks are most correlated with SABS?
- Based on one year of daily returns, the stocks most correlated with SAB Biotherapeutics, Inc. Common Stock (SABS) are BTQ (0.32), IWC (0.31) and ARKT (0.31). 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 SABS?
- Over the past year, the stocks most inversely correlated with SAB Biotherapeutics, Inc. Common Stock (SABS) are LABD (-0.29), SARK (-0.28) and UVXY (-0.27). 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 SABS correlations calculated?
- We compute the correlation of daily returns between SABS 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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