Alaunos Therapeutics, Inc. Common Stock (TCRT) — Stock Correlations & Overview
Over the past year, TCRT has moved most closely with TNMG, PRME, XBIO. Explore the stocks most correlated and inversely correlated with TCRT below, along with its price, financials, and company profile.
Stocks correlated with TCRT
Correlation of daily returns. Higher positive values move with TCRT; negative values move opposite it. Informational only, not investment advice.
Most correlated with TCRT
| Symbol | Company | Correlation |
|---|---|---|
| TNMG | TNL Mediagene Ordinary Shares | 0.35 |
| PRME | Prime Medicine, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.34 |
| XBIO | Xenetic Biosciences, Inc.PHARMACEUTICAL PREPARATIONS | 0.34 |
| ATRA | Atara Biotherapeutics, IncBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.31 |
| CLDX | Celldex Therapeutics, IncIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | 0.30 |
Most inversely correlated with TCRT
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.26 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.23 |
| TWM | ProShares UltraShort Russell2000 | -0.22 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.21 |
| RWM | ProShares Short Russell2000 | -0.21 |
Frequently asked questions about TCRT correlations
- Which stocks are most correlated with TCRT?
- Based on one year of daily returns, the stocks most correlated with Alaunos Therapeutics, Inc. Common Stock (TCRT) are TNMG (0.35), PRME (0.34) and XBIO (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 TCRT?
- Over the past year, the stocks most inversely correlated with Alaunos Therapeutics, Inc. Common Stock (TCRT) are SARK (-0.26), JETD (-0.23) and TWM (-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 TCRT correlations calculated?
- We compute the correlation of daily returns between TCRT 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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