Atea Pharmaceuticals, Inc. Common Stock (AVIR) — Stock Correlations & Overview

Over the past year, AVIR has moved most closely with KRRO, BBP, IDNA. Explore the stocks most correlated and inversely correlated with AVIR below, along with its price, financials, and company profile.

Stocks correlated with AVIR

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

Most correlated with AVIR

SymbolCompanyCorrelation
KRROKorro Bio, Inc. Common StockPHARMACEUTICAL PREPARATIONS0.38
BBPVirtus Biotech ETF0.35
IDNAiShares Genomics Immunology and Healthcare ETF0.34
BBCVirtus Biotech Clinical Trials ETF0.33
MISTMilestone Pharmaceuticals Inc. Common SharesPHARMACEUTICAL PREPARATIONS0.33

Most inversely correlated with AVIR

SymbolCompanyCorrelation
LABDDirexion Daily S&P Biotech Bear 3X ETF-0.33
BISProShares UltraShort NASDAQ Biotechnology-0.31
SARKInvestment Managers Series Trust II Tradr 1X Short Innovation Daily ETF-0.25
AIIORobo.ai Inc. Class B Ordinary Shares-0.24
MEIMethode ElectronicsELECTRONIC CONNECTORS-0.23

Frequently asked questions about AVIR correlations

Which stocks are most correlated with AVIR?
Based on one year of daily returns, the stocks most correlated with Atea Pharmaceuticals, Inc. Common Stock (AVIR) are KRRO (0.38), BBP (0.35) and IDNA (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 AVIR?
Over the past year, the stocks most inversely correlated with Atea Pharmaceuticals, Inc. Common Stock (AVIR) are LABD (-0.33), BIS (-0.31) and SARK (-0.25). 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 AVIR correlations calculated?
We compute the correlation of daily returns between AVIR 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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