Sonoma Pharmaceuticals, Inc. Common Stock (SNOA) — Stock Correlations & Overview
Over the past year, SNOA has moved most closely with CHSN, CHTR, VYGR. Explore the stocks most correlated and inversely correlated with SNOA below, along with its price, financials, and company profile.
Stocks correlated with SNOA
Correlation of daily returns. Higher positive values move with SNOA; negative values move opposite it. Informational only, not investment advice.
Most correlated with SNOA
| Symbol | Company | Correlation |
|---|---|---|
| CHSN | Chanson International Holding Class A Ordinary Shares | 0.49 |
| CHTR | Charter Comm Inc Del CL A NewCABLE & OTHER PAY TELEVISION SERVICES | 0.37 |
| VYGR | Voyager Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.33 |
| GURU | Global X Guru Index ETF | 0.32 |
| AUUD | Auddia Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.30 |
Most inversely correlated with SNOA
| Symbol | Company | Correlation |
|---|---|---|
| WKC | World Kinect CorporationWHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) | -0.26 |
| SXT | Sensient Technology CorporationINDUSTRIAL ORGANIC CHEMICALS | -0.26 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.26 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.26 |
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.26 |
Frequently asked questions about SNOA correlations
- Which stocks are most correlated with SNOA?
- Based on one year of daily returns, the stocks most correlated with Sonoma Pharmaceuticals, Inc. Common Stock (SNOA) are CHSN (0.49), CHTR (0.37) and VYGR (0.33). 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 SNOA?
- Over the past year, the stocks most inversely correlated with Sonoma Pharmaceuticals, Inc. Common Stock (SNOA) are WKC (-0.26), SXT (-0.26) and LABD (-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 SNOA correlations calculated?
- We compute the correlation of daily returns between SNOA 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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