Which stocks are most correlated with SIGA?

Based on one year of daily returns, the stocks most correlated with SIGA Technologies Inc. (SIGA) are FOXF (0.41), NUS (0.39) and ELDN (0.38). 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 SIGA?

Over the past year, the stocks most inversely correlated with SIGA Technologies Inc. (SIGA) are BIS (-0.27), RWM (-0.27) and SRTY (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.

SIGA Technologies Inc. (SIGA) — Stock Correlations & Overview

Over the past year, SIGA has moved most closely with FOXF, NUS, ELDN. Explore the stocks most correlated and inversely correlated with SIGA below, along with its price, financials, and company profile.

Stocks correlated with SIGA

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

Most correlated with SIGA

Symbol	Company	Correlation
FOXF	Fox Factory Holding Corp. Common StockMOTORCYCLES, BICYCLES & PARTS	0.41
NUS	NuSkin Enterprises, Inc.WHOLESALE-DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES	0.39
ELDN	Eledon Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS	0.38
DEEP	Acquirers Small and Micro Deep Value ETF	0.37
ASLE	AerSale Corporation Common StockWHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES	0.35

Most inversely correlated with SIGA

Symbol	Company	Correlation
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.27
RWM	ProShares Short Russell2000	-0.27
SRTY	ProShares UltraPro Short Russell2000	-0.26
TWM	ProShares UltraShort Russell2000	-0.26
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.26

Frequently asked questions about SIGA correlations

Which stocks are most correlated with SIGA?: Based on one year of daily returns, the stocks most correlated with SIGA Technologies Inc. (SIGA) are FOXF (0.41), NUS (0.39) and ELDN (0.38). 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 SIGA?: Over the past year, the stocks most inversely correlated with SIGA Technologies Inc. (SIGA) are BIS (-0.27), RWM (-0.27) and SRTY (-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 SIGA correlations calculated?: We compute the correlation of daily returns between SIGA 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.