SOPHiA GENETICS SA Ordinary Shares (SOPH) — Stock Correlations & Overview
Over the past year, SOPH has moved most closely with DRKY, HELX, FMED. Explore the stocks most correlated and inversely correlated with SOPH below, along with its price, financials, and company profile.
Stocks correlated with SOPH
Correlation of daily returns. Higher positive values move with SOPH; negative values move opposite it. Informational only, not investment advice.
Most correlated with SOPH
| Symbol | Company | Correlation |
|---|---|---|
| DRKY | VistaShares Target 15 DRUKMacro Distribution ETF | 0.35 |
| HELX | Franklin Genomic Advancements ETF | 0.34 |
| FMED | Fidelity Disruptive Medicine ETF | 0.34 |
| HEAL | Global X Funds Global X HealthTech ETF | 0.33 |
| DNA | Ginkgo Bioworks Holdings, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.33 |
Most inversely correlated with SOPH
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.32 |
| PLTZ | Defiance Daily Target 2x Short PLTR ETF | -0.32 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.31 |
| PLTD | Direxion Shares ETF Trust Direxion Dailly PLTR Bear 1X ETF | -0.30 |
| TECS | Direxion Daily Technology Bear 3x ETF | -0.28 |
Frequently asked questions about SOPH correlations
- Which stocks are most correlated with SOPH?
- Based on one year of daily returns, the stocks most correlated with SOPHiA GENETICS SA Ordinary Shares (SOPH) are DRKY (0.35), HELX (0.34) and FMED (0.34). 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 SOPH?
- Over the past year, the stocks most inversely correlated with SOPHiA GENETICS SA Ordinary Shares (SOPH) are SARK (-0.32), PLTZ (-0.32) and LABD (-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 SOPH correlations calculated?
- We compute the correlation of daily returns between SOPH 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.