PMGC Holdings Inc. Common Stock (ELAB) — Stock Correlations & Overview
Over the past year, ELAB has moved most closely with BFRG, LPCN, CYCN. Explore the stocks most correlated and inversely correlated with ELAB below, along with its price, financials, and company profile.
Stocks correlated with ELAB
Correlation of daily returns. Higher positive values move with ELAB; negative values move opposite it. Informational only, not investment advice.
Most correlated with ELAB
| Symbol | Company | Correlation |
|---|---|---|
| BFRG | Bullfrog AI Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.48 |
| LPCN | Lipocine Inc.PHARMACEUTICAL PREPARATIONS | 0.42 |
| CYCN | Cyclerion Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.40 |
| HYGW | iShares High Yield Corporate Bond BuyWrite Strategy ETF | 0.32 |
| NNY | Nuveen New York Municipal Value Fund | 0.31 |
Most inversely correlated with ELAB
| Symbol | Company | Correlation |
|---|---|---|
| ORIC | Oric Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.29 |
| EWV | ProShares Trust UltraShort MSCI Japan | -0.26 |
| SVC | Service Properties Trust Common StockREAL ESTATE INVESTMENT TRUSTS | -0.26 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.24 |
| NCI | Neo-Concept International Group Holdings Limited Class A Ordinary Shares | -0.23 |
Frequently asked questions about ELAB correlations
- Which stocks are most correlated with ELAB?
- Based on one year of daily returns, the stocks most correlated with PMGC Holdings Inc. Common Stock (ELAB) are BFRG (0.48), LPCN (0.42) and CYCN (0.40). 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 ELAB?
- Over the past year, the stocks most inversely correlated with PMGC Holdings Inc. Common Stock (ELAB) are ORIC (-0.29), EWV (-0.26) and SVC (-0.26). 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 ELAB correlations calculated?
- We compute the correlation of daily returns between ELAB 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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