Upstream Bio, Inc. Common Stock (UPB) — Stock Correlations & Overview
Over the past year, UPB has moved most closely with MAT, SBIO, BBC. Explore the stocks most correlated and inversely correlated with UPB below, along with its price, financials, and company profile.
Stocks correlated with UPB
Correlation of daily returns. Higher positive values move with UPB; negative values move opposite it. Informational only, not investment advice.
Most correlated with UPB
| Symbol | Company | Correlation |
|---|---|---|
| MAT | Mattel, Inc.DOLLS & STUFFED TOYS | 0.45 |
| SBIO | ALPS Medical Breakthroughs ETF | 0.41 |
| BBC | Virtus Biotech Clinical Trials ETF | 0.41 |
| XBI | State Street SPDR S&P Biotech ETF | 0.38 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.38 |
Most inversely correlated with UPB
| Symbol | Company | Correlation |
|---|---|---|
| NCI | Neo-Concept International Group Holdings Limited Class A Ordinary Shares | -0.40 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.38 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.30 |
| COCH | Envoy Medical, Inc. Class A Common StockORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | -0.30 |
| SUZ | Suzano S.A. American Depositary Shares (each representing one Ordinary Share ) representing one Ordinary Share) | -0.26 |
Frequently asked questions about UPB correlations
- Which stocks are most correlated with UPB?
- Based on one year of daily returns, the stocks most correlated with Upstream Bio, Inc. Common Stock (UPB) are MAT (0.45), SBIO (0.41) and BBC (0.41). 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 UPB?
- Over the past year, the stocks most inversely correlated with Upstream Bio, Inc. Common Stock (UPB) are NCI (-0.40), LABD (-0.38) and BIS (-0.30). 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 UPB correlations calculated?
- We compute the correlation of daily returns between UPB 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.