Traws Pharma, Inc. Common Stock (TRAW) — Stock Correlations & Overview
Over the past year, TRAW has moved most closely with CMTL, BTF, ELTX. Explore the stocks most correlated and inversely correlated with TRAW below, along with its price, financials, and company profile.
Stocks correlated with TRAW
Correlation of daily returns. Higher positive values move with TRAW; negative values move opposite it. Informational only, not investment advice.
Most correlated with TRAW
| Symbol | Company | Correlation |
|---|---|---|
| CMTL | Comtech TelecommunicationsRADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT | 0.36 |
| BTF | CoinShares ETF Trust CoinShares Bitcoin and Ether ETF | 0.33 |
| ELTX | Elicio Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.32 |
| CNTX | Context Therapeutics Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.32 |
| VTGN | Vistagen Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.31 |
Most inversely correlated with TRAW
| Symbol | Company | Correlation |
|---|---|---|
| TWOpA | Two Harbors Investment Corp 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ($25.00 liquidation preference per share)REAL ESTATE INVESTMENT TRUSTS | -0.24 |
| TWOpB | Two Harbors Investment Corp 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.24 |
| RWM | ProShares Short Russell2000 | -0.21 |
| TWM | ProShares UltraShort Russell2000 | -0.21 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.21 |
Frequently asked questions about TRAW correlations
- Which stocks are most correlated with TRAW?
- Based on one year of daily returns, the stocks most correlated with Traws Pharma, Inc. Common Stock (TRAW) are CMTL (0.36), BTF (0.33) and ELTX (0.32). 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 TRAW?
- Over the past year, the stocks most inversely correlated with Traws Pharma, Inc. Common Stock (TRAW) are TWOpA (-0.24), TWOpB (-0.24) and RWM (-0.21). 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 TRAW correlations calculated?
- We compute the correlation of daily returns between TRAW 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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