SCYNEXIS, Inc. (SCYX) — Stock Correlations & Overview
Over the past year, SCYX has moved most closely with DKI, LOGO, ARBE. Explore the stocks most correlated and inversely correlated with SCYX below, along with its price, financials, and company profile.
Stocks correlated with SCYX
Correlation of daily returns. Higher positive values move with SCYX; negative values move opposite it. Informational only, not investment advice.
Most correlated with SCYX
| Symbol | Company | Correlation |
|---|---|---|
| DKI | DarkIris Inc. Class A Ordinary Shares | 0.33 |
| LOGO | Alpha Brands Consumption Leaders ETF | 0.32 |
| ARBE | Arbe Robotics Ltd. Ordinary Shares | 0.31 |
| FCUV | Focus Universal Inc. Common StockINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.31 |
| TRUD | VanEck Consumer Discretionary TruSector ETF | 0.30 |
Most inversely correlated with SCYX
| Symbol | Company | Correlation |
|---|---|---|
| AMZD | Direxion Shares ETF Trust Direxion Daily AMZN Bear 1X ETF | -0.29 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.28 |
| QQDN | ProShares Trust ProShares UltraShort QQQ Mega | -0.26 |
| KPTI | Karyopharm Therapeutics Inc.PHARMACEUTICAL PREPARATIONS | -0.25 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | -0.25 |
Frequently asked questions about SCYX correlations
- Which stocks are most correlated with SCYX?
- Based on one year of daily returns, the stocks most correlated with SCYNEXIS, Inc. (SCYX) are DKI (0.33), LOGO (0.32) and ARBE (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 SCYX?
- Over the past year, the stocks most inversely correlated with SCYNEXIS, Inc. (SCYX) are AMZD (-0.29), SCC (-0.28) and QQDN (-0.26). 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 SCYX correlations calculated?
- We compute the correlation of daily returns between SCYX 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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