Sionna Therapeutics, Inc. Common Stock (SION) — Stock Correlations & Overview
Over the past year, SION has moved most closely with TENX, NABL, QTRX. Explore the stocks most correlated and inversely correlated with SION below, along with its price, financials, and company profile.
Stocks correlated with SION
Correlation of daily returns. Higher positive values move with SION; negative values move opposite it. Informational only, not investment advice.
Most correlated with SION
| Symbol | Company | Correlation |
|---|---|---|
| TENX | Tenax Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | 0.93 |
| NABL | N-able, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.58 |
| QTRX | Quanterix Corporation Common StockLABORATORY ANALYTICAL INSTRUMENTS | 0.56 |
| AIOT | PowerFleet, Inc. Common StockCOMMUNICATIONS EQUIPMENT, NEC | 0.53 |
| LINC | Lincoln Educational ServicesSERVICES-EDUCATIONAL SERVICES | 0.50 |
Most inversely correlated with SION
| Symbol | Company | Correlation |
|---|---|---|
| SCKT | Socket Mobile, Inc. NewELECTRONIC COMPUTERS | -0.84 |
| JWEL | Jowell Global Ltd. Ordinary Shares | -0.74 |
| BWMN | Bowman Consulting Group Ltd. Common StockSERVICES-MANAGEMENT CONSULTING SERVICES | -0.64 |
| VREX | Varex Imaging Corporation Common StockELECTRONIC COMPONENTS, NEC | -0.62 |
| HZO | MarineMax, Inc.RETAIL-AUTO & HOME SUPPLY STORES | -0.55 |
Frequently asked questions about SION correlations
- Which stocks are most correlated with SION?
- Based on one year of daily returns, the stocks most correlated with Sionna Therapeutics, Inc. Common Stock (SION) are TENX (0.93), NABL (0.58) and QTRX (0.56). 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 SION?
- Over the past year, the stocks most inversely correlated with Sionna Therapeutics, Inc. Common Stock (SION) are SCKT (-0.84), JWEL (-0.74) and BWMN (-0.64). 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 SION correlations calculated?
- We compute the correlation of daily returns between SION 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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