Tvardi Therapeutics, Inc. Common Stock (TVRD) — Stock Correlations & Overview
Over the past year, TVRD has moved most closely with PDEX, BYND, USBpA. Explore the stocks most correlated and inversely correlated with TVRD below, along with its price, financials, and company profile.
Stocks correlated with TVRD
Correlation of daily returns. Higher positive values move with TVRD; negative values move opposite it. Informational only, not investment advice.
Most correlated with TVRD
| Symbol | Company | Correlation |
|---|---|---|
| PDEX | Pro-Dex Inc NewSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.35 |
| BYND | Beyond Meat, Inc. Common StockFOOD AND KINDRED PRODUCTS | 0.29 |
| USBpA | U.S. Bancorp Depositary Shares (each representing a 1/100th interest in a share of Series A Non-Cumulative Preferred Stock)NATIONAL COMMERCIAL BANKS | 0.28 |
| MCGA | Yorkville Acquisition Corp. Class A Ordinary ShareFINANCE SERVICES | 0.26 |
| PTGX | Protagonist Therapeutics, IncPHARMACEUTICAL PREPARATIONS | 0.24 |
Most inversely correlated with TVRD
| Symbol | Company | Correlation |
|---|---|---|
| ELBM | Electra Battery Materials Corporation Common Stock | -0.60 |
| STI | Solidion Technology, Inc. Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | -0.43 |
| XCH | XCHG Limited American Depositary Share | -0.42 |
| GWH | ESS Tech, Inc.MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | -0.38 |
| BEAG | Bold Eagle Acquisition Corp. Class A Ordinary SharesBLANK CHECKS | -0.35 |
Frequently asked questions about TVRD correlations
- Which stocks are most correlated with TVRD?
- Based on one year of daily returns, the stocks most correlated with Tvardi Therapeutics, Inc. Common Stock (TVRD) are PDEX (0.35), BYND (0.29) and USBpA (0.28). 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 TVRD?
- Over the past year, the stocks most inversely correlated with Tvardi Therapeutics, Inc. Common Stock (TVRD) are ELBM (-0.60), STI (-0.43) and XCH (-0.42). 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 TVRD correlations calculated?
- We compute the correlation of daily returns between TVRD 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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