Which stocks are most correlated with ACRV?

Based on one year of daily returns, the stocks most correlated with Acrivon Therapeutics, Inc. Common Stock (ACRV) are ELME (0.45), IMRX (0.41) and CRMD (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 ACRV?

Over the past year, the stocks most inversely correlated with Acrivon Therapeutics, Inc. Common Stock (ACRV) are LABD (-0.35), BIS (-0.33) and SARK (-0.32). A negative correlation means the two stocks have tended to move in opposite directions.

Acrivon Therapeutics, Inc. Common Stock (ACRV) — Stock Correlations & Overview

Over the past year, ACRV has moved most closely with ELME, IMRX, CRMD. Explore the stocks most correlated and inversely correlated with ACRV below, along with its price, financials, and company profile.

Stocks correlated with ACRV

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

Most correlated with ACRV

Symbol	Company	Correlation
ELME	Elme CommunitiesREAL ESTATE INVESTMENT TRUSTS	0.45
IMRX	Immuneering Corporation Class A Common StockPHARMACEUTICAL PREPARATIONS	0.41
CRMD	CorMedix Inc.PHARMACEUTICAL PREPARATIONS	0.41
DNA	Ginkgo Bioworks Holdings, Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)	0.40
FMED	Fidelity Disruptive Medicine ETF	0.38

Most inversely correlated with ACRV

Symbol	Company	Correlation
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.35
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.33
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.32
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	-0.32
CVX	Chevron CorporationPETROLEUM REFINING	-0.30

Frequently asked questions about ACRV correlations

Which stocks are most correlated with ACRV?: Based on one year of daily returns, the stocks most correlated with Acrivon Therapeutics, Inc. Common Stock (ACRV) are ELME (0.45), IMRX (0.41) and CRMD (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 ACRV?: Over the past year, the stocks most inversely correlated with Acrivon Therapeutics, Inc. Common Stock (ACRV) are LABD (-0.35), BIS (-0.33) and SARK (-0.32). 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 ACRV correlations calculated?: We compute the correlation of daily returns between ACRV 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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