EVOGENE LTD. (EVGN) — Stock Correlations & Overview
Over the past year, EVGN has moved most closely with XJUN, DDTL, GROZ. Explore the stocks most correlated and inversely correlated with EVGN below, along with its price, financials, and company profile.
Stocks correlated with EVGN
Correlation of daily returns. Higher positive values move with EVGN; negative values move opposite it. Informational only, not investment advice.
Most correlated with EVGN
| Symbol | Company | Correlation |
|---|---|---|
| XJUN | FT Vest U.S. Equity Enhance & Moderate Buffer ETF - June | 0.30 |
| DDTL | Innovator Equity Dual Directional 10 Buffer ETF - July | 0.29 |
| GROZ | Zacks Focus Growth ETF | 0.29 |
| PSMJ | Pacer Swan SOS Moderate (July) ETF | 0.28 |
| FJUN | FT Vest U.S. Equity Buffer ETF - June | 0.28 |
Most inversely correlated with EVGN
| Symbol | Company | Correlation |
|---|---|---|
| PLTZ | Defiance Daily Target 2x Short PLTR ETF | -0.27 |
| PLTD | Direxion Shares ETF Trust Direxion Dailly PLTR Bear 1X ETF | -0.26 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | -0.25 |
| SPXS | Direxion Daily S&P 500 Bear 3x ETF | -0.25 |
| QQDN | ProShares Trust ProShares UltraShort QQQ Mega | -0.25 |
Frequently asked questions about EVGN correlations
- Which stocks are most correlated with EVGN?
- Based on one year of daily returns, the stocks most correlated with EVOGENE LTD. (EVGN) are XJUN (0.30), DDTL (0.29) and GROZ (0.29). 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 EVGN?
- Over the past year, the stocks most inversely correlated with EVOGENE LTD. (EVGN) are PLTZ (-0.27), PLTD (-0.26) and QQQD (-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 EVGN correlations calculated?
- We compute the correlation of daily returns between EVGN 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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