Eton Pharmaceutcials, Inc. Common Stock (ETON) — Stock Correlations & Overview

Over the past year, ETON has moved most closely with IMXI, MDXH, XPH. Explore the stocks most correlated and inversely correlated with ETON below, along with its price, financials, and company profile.

Stocks correlated with ETON

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

Most correlated with ETON

SymbolCompanyCorrelation
IMXIInternational Money Express, Inc.SERVICES-BUSINESS SERVICES, NEC0.43
MDXHMDxHealth SA Ordinary Shares0.35
XPHState Street SPDR S&P Pharmaceuticals ETF0.34
PILLDirexion Daily Pharmaceutical & Medical Bull 3X ETF0.34
AEYEAudioEye, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE0.32

Most inversely correlated with ETON

SymbolCompanyCorrelation
INVInnventure, Inc. Common StockBLANK CHECKS-0.30
KLCKinderCare Learning Companies, Inc.SERVICES-CHILD DAY CARE SERVICES-0.26
SAYSaratoga Investment Corp. 8.125% Notes due 2027-0.25
GXAIGaxos.ai Inc. Common StockSERVICES-PREPACKAGED SOFTWARE-0.24
LABDDirexion Daily S&P Biotech Bear 3X ETF-0.23

Frequently asked questions about ETON correlations

Which stocks are most correlated with ETON?
Based on one year of daily returns, the stocks most correlated with Eton Pharmaceutcials, Inc. Common Stock (ETON) are IMXI (0.43), MDXH (0.35) and XPH (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 ETON?
Over the past year, the stocks most inversely correlated with Eton Pharmaceutcials, Inc. Common Stock (ETON) are INV (-0.30), KLC (-0.26) and SAY (-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 ETON correlations calculated?
We compute the correlation of daily returns between ETON 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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