Amarin Corp Plc (AMRN) — Stock Correlations & Overview

Over the past year, AMRN has moved most closely with FLYX, ELVN, DDD. Explore the stocks most correlated and inversely correlated with AMRN below, along with its price, financials, and company profile.

Stocks correlated with AMRN

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

Most correlated with AMRN

SymbolCompanyCorrelation
FLYXflyExclusive, Inc.AIR TRANSPORTATION, NONSCHEDULED0.37
ELVNEnliven Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS0.34
DDD3D Systems CorporationSERVICES-PREPACKAGED SOFTWARE0.34
IBRNiShares Neuroscience and Healthcare ETF0.34
IMNMImmunome, Inc.PHARMACEUTICAL PREPARATIONS0.33

Most inversely correlated with AMRN

SymbolCompanyCorrelation
ELMEElme CommunitiesREAL ESTATE INVESTMENT TRUSTS-0.33
LABDDirexion Daily S&P Biotech Bear 3X ETF-0.30
RWMProShares Short Russell2000-0.27
TWMProShares UltraShort Russell2000-0.27
TZADirexion Daily Small Cap Bear 3x ETF-0.27

Frequently asked questions about AMRN correlations

Which stocks are most correlated with AMRN?
Based on one year of daily returns, the stocks most correlated with Amarin Corp Plc (AMRN) are FLYX (0.37), ELVN (0.34) and DDD (0.34). 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 AMRN?
Over the past year, the stocks most inversely correlated with Amarin Corp Plc (AMRN) are ELME (-0.33), LABD (-0.30) and RWM (-0.27). 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 AMRN correlations calculated?
We compute the correlation of daily returns between AMRN 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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