Which stocks are most correlated with TYRA?

Based on one year of daily returns, the stocks most correlated with Tyra Biosciences, Inc. Common Stock (TYRA) are BBC (0.50), SBIO (0.49) and CANC (0.46). 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 TYRA?

Over the past year, the stocks most inversely correlated with Tyra Biosciences, Inc. Common Stock (TYRA) are LABD (-0.46), BIS (-0.36) and MO (-0.22). A negative correlation means the two stocks have tended to move in opposite directions.

Tyra Biosciences, Inc. Common Stock (TYRA) — Stock Correlations & Overview

Over the past year, TYRA has moved most closely with BBC, SBIO, CANC. Explore the stocks most correlated and inversely correlated with TYRA below, along with its price, financials, and company profile.

Stocks correlated with TYRA

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

Most correlated with TYRA

Symbol	Company	Correlation
BBC	Virtus Biotech Clinical Trials ETF	0.50
SBIO	ALPS Medical Breakthroughs ETF	0.49
CANC	Tema Oncology ETF	0.46
XBI	State Street SPDR S&P Biotech ETF	0.46
LABU	Direxion Daily S&P Biotech Bull 3X ETF	0.45

Most inversely correlated with TYRA

Symbol	Company	Correlation
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.46
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.36
MO	Altria Group, Inc.CIGARETTES	-0.22
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.22
BBWI	Bath & Body Works, Inc.RETAIL-RETAIL STORES, NEC	-0.21

Frequently asked questions about TYRA correlations

Which stocks are most correlated with TYRA?: Based on one year of daily returns, the stocks most correlated with Tyra Biosciences, Inc. Common Stock (TYRA) are BBC (0.50), SBIO (0.49) and CANC (0.46). 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 TYRA?: Over the past year, the stocks most inversely correlated with Tyra Biosciences, Inc. Common Stock (TYRA) are LABD (-0.46), BIS (-0.36) and MO (-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 TYRA correlations calculated?: We compute the correlation of daily returns between TYRA 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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