Alnylam Pharmaceuticals, Inc. (ALNY) — Stock Correlations & Overview
Over the past year, ALNY has moved most closely with CCB, RM, RTO. Explore the stocks most correlated and inversely correlated with ALNY below, along with its price, financials, and company profile.
Stocks correlated with ALNY
Correlation of daily returns. Higher positive values move with ALNY; negative values move opposite it. Informational only, not investment advice.
Most correlated with ALNY
| Symbol | Company | Correlation |
|---|---|---|
| CCB | Coastal Financial CorporationSTATE COMMERCIAL BANKS | 0.57 |
| RM | REGIONAL MANAGEMENT CORPPERSONAL CREDIT INSTITUTIONS | 0.46 |
| RTO | Rentokil Initial plc American Depositary Shares (each representing five (5) Ordinary Shares) | 0.46 |
| INO | Inovio Pharmaceuticals, Inc.PHARMACEUTICAL PREPARATIONS | 0.44 |
| GBFH | GBank Financial Holdings Inc. Common StockSTATE COMMERCIAL BANKS | 0.44 |
Most inversely correlated with ALNY
| Symbol | Company | Correlation |
|---|---|---|
| MKTX | MarketAxess Holdings Inc.SECURITY BROKERS, DEALERS & FLOTATION COMPANIES | -0.47 |
| CYCU | Cycurion, Inc. Common StockSERVICES-COMPUTER PROGRAMMING SERVICES | -0.44 |
| RXD | ProShares UltraShort Health Care | -0.39 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.36 |
| GCTK | GlucoTrack, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.35 |
Frequently asked questions about ALNY correlations
- Which stocks are most correlated with ALNY?
- Based on one year of daily returns, the stocks most correlated with Alnylam Pharmaceuticals, Inc. (ALNY) are CCB (0.57), RM (0.46) and RTO (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 ALNY?
- Over the past year, the stocks most inversely correlated with Alnylam Pharmaceuticals, Inc. (ALNY) are MKTX (-0.47), CYCU (-0.44) and RXD (-0.39). 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 ALNY correlations calculated?
- We compute the correlation of daily returns between ALNY 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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