Which stocks are most correlated with SIBN?

Based on one year of daily returns, the stocks most correlated with SI-BONE, Inc. Common Stock (SIBN) are XHE (0.61), IHI (0.56) and ATEC (0.53). 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 SIBN?

Over the past year, the stocks most inversely correlated with SI-BONE, Inc. Common Stock (SIBN) are RXD (-0.42), DWSH (-0.33) and FAZ (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

SI-BONE, Inc. Common Stock (SIBN) — Stock Correlations & Overview

Over the past year, SIBN has moved most closely with XHE, IHI, ATEC. Explore the stocks most correlated and inversely correlated with SIBN below, along with its price, financials, and company profile.

Stocks correlated with SIBN

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

Most correlated with SIBN

Symbol	Company	Correlation
XHE	State Street SPDR S&P Health Care Equipment ETF	0.61
IHI	iShares U.S. Medical Devices ETF	0.56
ATEC	Alphatec Holdings, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS	0.53
MDEV	First Trust Indxx Medical Devices ETF	0.52
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	0.51

Most inversely correlated with SIBN

Symbol	Company	Correlation
RXD	ProShares UltraShort Health Care	-0.42
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.33
FAZ	Direxion Daily Financial Bear 3x ETF	-0.31
SKF	ProShares UltraShort Financials	-0.31
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.30

Frequently asked questions about SIBN correlations

Which stocks are most correlated with SIBN?: Based on one year of daily returns, the stocks most correlated with SI-BONE, Inc. Common Stock (SIBN) are XHE (0.61), IHI (0.56) and ATEC (0.53). 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 SIBN?: Over the past year, the stocks most inversely correlated with SI-BONE, Inc. Common Stock (SIBN) are RXD (-0.42), DWSH (-0.33) and FAZ (-0.31). 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 SIBN correlations calculated?: We compute the correlation of daily returns between SIBN 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.