DNA X, Inc. Common Stock (SONM) — Stock Correlations & Overview
Over the past year, SONM has moved most closely with NTRP, QBUL, SMUP. Explore the stocks most correlated and inversely correlated with SONM below, along with its price, financials, and company profile.
Stocks correlated with SONM
Correlation of daily returns. Higher positive values move with SONM; negative values move opposite it. Informational only, not investment advice.
Most correlated with SONM
| Symbol | Company | Correlation |
|---|---|---|
| NTRP | NextTrip, Inc. Common StockTRANSPORTATION SERVICES | 0.27 |
| QBUL | TrueShares Quarterly Bull Hedge ETF | 0.26 |
| SMUP | T-REX 2X Long SMR Daily Target ETF | 0.24 |
| AMPX | Amprius Technologies, Inc.MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.23 |
| HFGM | Unlimited HFGM Global Macro ETF | 0.23 |
Most inversely correlated with SONM
| Symbol | Company | Correlation |
|---|---|---|
| ANF | Abercrombie & Fitch Co.RETAIL-FAMILY CLOTHING STORES | -0.24 |
| ABVX | Abivax SA American Depositary Shares | -0.22 |
| GM | General Motors CompanyMOTOR VEHICLES & PASSENGER CAR BODIES | -0.22 |
| NUVB | Nuvation Bio Inc.PHARMACEUTICAL PREPARATIONS | -0.21 |
| SYY | Sysco CorporationWHOLESALE-GROCERIES & RELATED PRODUCTS | -0.20 |
Frequently asked questions about SONM correlations
- Which stocks are most correlated with SONM?
- Based on one year of daily returns, the stocks most correlated with DNA X, Inc. Common Stock (SONM) are NTRP (0.27), QBUL (0.26) and SMUP (0.24). 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 SONM?
- Over the past year, the stocks most inversely correlated with DNA X, Inc. Common Stock (SONM) are ANF (-0.24), ABVX (-0.22) and GM (-0.22). 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 SONM correlations calculated?
- We compute the correlation of daily returns between SONM 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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