Immuneering Corporation Class A Common Stock (IMRX) — Stock Correlations & Overview
Over the past year, IMRX has moved most closely with ELME, CRMD, ACRV. Explore the stocks most correlated and inversely correlated with IMRX below, along with its price, financials, and company profile.
Stocks correlated with IMRX
Correlation of daily returns. Higher positive values move with IMRX; negative values move opposite it. Informational only, not investment advice.
Most correlated with IMRX
| Symbol | Company | Correlation |
|---|---|---|
| ELME | Elme CommunitiesREAL ESTATE INVESTMENT TRUSTS | 0.58 |
| CRMD | CorMedix Inc.PHARMACEUTICAL PREPARATIONS | 0.43 |
| ACRV | Acrivon Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.41 |
| SBIO | ALPS Medical Breakthroughs ETF | 0.39 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | 0.38 |
Most inversely correlated with IMRX
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.38 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.36 |
| FLYX | flyExclusive, Inc.AIR TRANSPORTATION, NONSCHEDULED | -0.29 |
| NEOG | Neogen CorpIN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES | -0.28 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.23 |
Frequently asked questions about IMRX correlations
- Which stocks are most correlated with IMRX?
- Based on one year of daily returns, the stocks most correlated with Immuneering Corporation Class A Common Stock (IMRX) are ELME (0.58), CRMD (0.43) and ACRV (0.41). 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 IMRX?
- Over the past year, the stocks most inversely correlated with Immuneering Corporation Class A Common Stock (IMRX) are LABD (-0.38), BIS (-0.36) and FLYX (-0.29). 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 IMRX correlations calculated?
- We compute the correlation of daily returns between IMRX 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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