Zevra Therapeutics, Inc. Common Stock (ZVRA) — Stock Correlations & Overview
Over the past year, ZVRA has moved most closely with BBC, EDIT, VYGR. Explore the stocks most correlated and inversely correlated with ZVRA below, along with its price, financials, and company profile.
Stocks correlated with ZVRA
Correlation of daily returns. Higher positive values move with ZVRA; negative values move opposite it. Informational only, not investment advice.
Most correlated with ZVRA
| Symbol | Company | Correlation |
|---|---|---|
| BBC | Virtus Biotech Clinical Trials ETF | 0.45 |
| EDIT | Editas Medicine, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.44 |
| VYGR | Voyager Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.43 |
| SBIO | ALPS Medical Breakthroughs ETF | 0.43 |
| XBI | State Street SPDR S&P Biotech ETF | 0.42 |
Most inversely correlated with ZVRA
| Symbol | Company | Correlation |
|---|---|---|
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.41 |
| SAFT | Safety Insurance Group IncFIRE, MARINE & CASUALTY INSURANCE | -0.40 |
| BIS | ProShares UltraShort NASDAQ Biotechnology | -0.35 |
| STAK | STAK Inc. Class A Ordinary Shares | -0.28 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.27 |
Frequently asked questions about ZVRA correlations
- Which stocks are most correlated with ZVRA?
- Based on one year of daily returns, the stocks most correlated with Zevra Therapeutics, Inc. Common Stock (ZVRA) are BBC (0.45), EDIT (0.44) and VYGR (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 ZVRA?
- Over the past year, the stocks most inversely correlated with Zevra Therapeutics, Inc. Common Stock (ZVRA) are LABD (-0.41), SAFT (-0.40) and BIS (-0.35). 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 ZVRA correlations calculated?
- We compute the correlation of daily returns between ZVRA 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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