Presidio Property Trust, Inc. Class A Common Stock (SQFT) — Stock Correlations & Overview
Over the past year, SQFT has moved most closely with ZNTL, RAYA, NCRA. Explore the stocks most correlated and inversely correlated with SQFT below, along with its price, financials, and company profile.
Stocks correlated with SQFT
Correlation of daily returns. Higher positive values move with SQFT; negative values move opposite it. Informational only, not investment advice.
Most correlated with SQFT
| Symbol | Company | Correlation |
|---|---|---|
| ZNTL | Zentalis Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.32 |
| RAYA | Erayak Power Solution Group Inc. Class A Ordinary Shares | 0.28 |
| NCRA | Nocera, Inc. Common Stock | 0.26 |
| AQB | AquaBounty Technologies, Inc. | 0.25 |
| OGN | Organon & Co.PHARMACEUTICAL PREPARATIONS | 0.24 |
Most inversely correlated with SQFT
| Symbol | Company | Correlation |
|---|---|---|
| CPAC | CEMENTOS PACASMAYO S.A.A. | -0.20 |
| DRMA | Dermata Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.20 |
| EIX | Edison InternationalELECTRIC SERVICES | -0.19 |
| AON | Aon plc Class AINSURANCE AGENTS, BROKERS & SERVICE | -0.19 |
| PCG | PG&E CorporationELECTRIC & OTHER SERVICES COMBINED | -0.19 |
Frequently asked questions about SQFT correlations
- Which stocks are most correlated with SQFT?
- Based on one year of daily returns, the stocks most correlated with Presidio Property Trust, Inc. Class A Common Stock (SQFT) are ZNTL (0.32), RAYA (0.28) and NCRA (0.26). 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 SQFT?
- Over the past year, the stocks most inversely correlated with Presidio Property Trust, Inc. Class A Common Stock (SQFT) are CPAC (-0.20), DRMA (-0.20) and EIX (-0.19). 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 SQFT correlations calculated?
- We compute the correlation of daily returns between SQFT 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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