Which stocks are most correlated with SRTA?

Based on one year of daily returns, the stocks most correlated with Strata Critical Medical, Inc. Class A Common Stock (SRTA) are ARKX (0.57), ARKQ (0.57) and KOMP (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 SRTA?

Over the past year, the stocks most inversely correlated with Strata Critical Medical, Inc. Class A Common Stock (SRTA) are TZA (-0.55), SRTY (-0.55) and RWM (-0.54). A negative correlation means the two stocks have tended to move in opposite directions.

Strata Critical Medical, Inc. Class A Common Stock (SRTA) — Stock Correlations & Overview

Over the past year, SRTA has moved most closely with ARKX, ARKQ, KOMP. Explore the stocks most correlated and inversely correlated with SRTA below, along with its price, financials, and company profile.

Stocks correlated with SRTA

Correlation of daily returns. Higher positive values move with SRTA; negative values move opposite it. Informational only, not investment advice.

Most correlated with SRTA

Symbol	Company	Correlation
ARKX	ARK Space & Defense Innovation ETF	0.57
ARKQ	ARK Autonomous Technology & Robotics ETF	0.57
KOMP	State Street SPDR S&P Kensho New Economies Composite ETF	0.56
JOBY	Joby Aviation, Inc.AIRCRAFT	0.56
KFEB	Innovator U.S. Small Cap Power Buffer ETF - February	0.55

Most inversely correlated with SRTA

Symbol	Company	Correlation
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.55
SRTY	ProShares UltraPro Short Russell2000	-0.55
RWM	ProShares Short Russell2000	-0.54
TWM	ProShares UltraShort Russell2000	-0.54
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.52

Frequently asked questions about SRTA correlations

Which stocks are most correlated with SRTA?: Based on one year of daily returns, the stocks most correlated with Strata Critical Medical, Inc. Class A Common Stock (SRTA) are ARKX (0.57), ARKQ (0.57) and KOMP (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 SRTA?: Over the past year, the stocks most inversely correlated with Strata Critical Medical, Inc. Class A Common Stock (SRTA) are TZA (-0.55), SRTY (-0.55) and RWM (-0.54). 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 SRTA correlations calculated?: We compute the correlation of daily returns between SRTA 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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