enGene Therapeutics Inc. Common Stock (ENGN) — Stock Correlations & Overview
Over the past year, ENGN has moved most closely with TRDA, PLNT, IBP. Explore the stocks most correlated and inversely correlated with ENGN below, along with its price, financials, and company profile.
Stocks correlated with ENGN
Correlation of daily returns. Higher positive values move with ENGN; negative values move opposite it. Informational only, not investment advice.
Most correlated with ENGN
| Symbol | Company | Correlation |
|---|---|---|
| TRDA | Entrada Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.78 |
| PLNT | Planet Fitness, Inc.SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS | 0.66 |
| IBP | INSTALLED BUILDING PRODUCTS, INC.GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS | 0.60 |
| ZTS | ZOETIS INC.PHARMACEUTICAL PREPARATIONS | 0.59 |
| ONEG | OneConstruction Group Limited Ordinary Shares | 0.59 |
Most inversely correlated with ENGN
| Symbol | Company | Correlation |
|---|---|---|
| APT | Alpha Pro Tech, Ltd.ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | -0.57 |
| HRB | H&R Block, Inc.SERVICES-PERSONAL SERVICES | -0.46 |
| AGL | agilon health, inc.SERVICES-MISC HEALTH & ALLIED SERVICES, NEC | -0.44 |
| XMTR | Xometry, Inc. Class A Common StockSERVICES-BUSINESS SERVICES, NEC | -0.36 |
| ATRA | Atara Biotherapeutics, IncBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.36 |
Frequently asked questions about ENGN correlations
- Which stocks are most correlated with ENGN?
- Based on one year of daily returns, the stocks most correlated with enGene Therapeutics Inc. Common Stock (ENGN) are TRDA (0.78), PLNT (0.66) and IBP (0.60). 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 ENGN?
- Over the past year, the stocks most inversely correlated with enGene Therapeutics Inc. Common Stock (ENGN) are APT (-0.57), HRB (-0.46) and AGL (-0.44). 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 ENGN correlations calculated?
- We compute the correlation of daily returns between ENGN 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.