60 Degrees Pharmaceuticals, Inc. Common Stock (SXTP) — Stock Correlations & Overview
Over the past year, SXTP has moved most closely with BGL, JOB, NAMM. Explore the stocks most correlated and inversely correlated with SXTP below, along with its price, financials, and company profile.
Stocks correlated with SXTP
Correlation of daily returns. Higher positive values move with SXTP; negative values move opposite it. Informational only, not investment advice.
Most correlated with SXTP
| Symbol | Company | Correlation |
|---|---|---|
| BGL | Blue Gold Limited Class A Ordinary Shares | 0.42 |
| JOB | GEE Group Inc.SERVICES-EMPLOYMENT AGENCIES | 0.35 |
| NAMM | Namib Minerals Ordinary Shares | 0.30 |
| IOTR | iOThree Limited Ordinary Shares | 0.30 |
| ACXP | Acurx Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.30 |
Most inversely correlated with SXTP
| Symbol | Company | Correlation |
|---|---|---|
| ORI | Old Republic International CorporationSURETY INSURANCE | -0.27 |
| DULL | MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.26 |
| GLL | ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS | -0.25 |
| ABT | Abbott LaboratoriesPHARMACEUTICAL PREPARATIONS | -0.24 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.22 |
Frequently asked questions about SXTP correlations
- Which stocks are most correlated with SXTP?
- Based on one year of daily returns, the stocks most correlated with 60 Degrees Pharmaceuticals, Inc. Common Stock (SXTP) are BGL (0.42), JOB (0.35) and NAMM (0.30). 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 SXTP?
- Over the past year, the stocks most inversely correlated with 60 Degrees Pharmaceuticals, Inc. Common Stock (SXTP) are ORI (-0.27), DULL (-0.26) and GLL (-0.25). 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 SXTP correlations calculated?
- We compute the correlation of daily returns between SXTP 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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