Which stocks are most correlated with INDV?

Based on one year of daily returns, the stocks most correlated with Indivior Pharmaceuticals, Inc. Common Stock (INDV) are XPH (0.49), PILL (0.49) and GH (0.43). 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 INDV?

Over the past year, the stocks most inversely correlated with Indivior Pharmaceuticals, Inc. Common Stock (INDV) are BIS (-0.38), LABD (-0.37) and FMC (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

Indivior Pharmaceuticals, Inc. Common Stock (INDV) — Stock Correlations & Overview

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

Stocks correlated with INDV

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

Most correlated with INDV

Symbol	Company	Correlation
XPH	State Street SPDR S&P Pharmaceuticals ETF	0.49
PILL	Direxion Daily Pharmaceutical & Medical Bull 3X ETF	0.49
GH	Guardant Health, Inc. Common StockSERVICES-MEDICAL LABORATORIES	0.43
PJP	Invesco Pharmaceuticals ETF	0.42
HELX	Franklin Genomic Advancements ETF	0.42

Most inversely correlated with INDV

Symbol	Company	Correlation
BIS	ProShares UltraShort NASDAQ Biotechnology	-0.38
LABD	Direxion Daily S&P Biotech Bear 3X ETF	-0.37
FMC	FMC CorporationCHEMICALS & ALLIED PRODUCTS	-0.27
ANNA	AleAnna, Inc. Class A Common StockCRUDE PETROLEUM & NATURAL GAS	-0.27
RXD	ProShares UltraShort Health Care	-0.26

Frequently asked questions about INDV correlations

Which stocks are most correlated with INDV?: Based on one year of daily returns, the stocks most correlated with Indivior Pharmaceuticals, Inc. Common Stock (INDV) are XPH (0.49), PILL (0.49) and GH (0.43). 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 INDV?: Over the past year, the stocks most inversely correlated with Indivior Pharmaceuticals, Inc. Common Stock (INDV) are BIS (-0.38), LABD (-0.37) and FMC (-0.27). 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 INDV correlations calculated?: We compute the correlation of daily returns between INDV 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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