Enliven Therapeutics, Inc. Common Stock (ELVN) Correlation Distribution
Across 6,195 rolling correlation observations between Enliven Therapeutics, Inc. Common Stock (ELVN) and other NASDAQ-listed stocks, 63.8% are positive and 36.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.156, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.7% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,195
- Mean correlation
- 0.156
- Most common range
- 0.3 to 0.4
- Positive pairs
- 63.8%
- Strong positive (≥0.7)
- 3.7%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 10 | 0.2% | |
| -0.8 to -0.7 | 9 | 0.1% | |
| -0.7 to -0.6 | 98 | 1.6% | |
| -0.6 to -0.5 | 97 | 1.6% | |
| -0.5 to -0.4 | 313 | 5.1% | |
| -0.4 to -0.3 | 313 | 5.1% | |
| -0.3 to -0.2 | 465 | 7.5% | |
| -0.2 to -0.1 | 464 | 7.5% | |
| -0.1 to 0.0 | 474 | 7.7% | |
| 0.0 to 0.1 | 473 | 7.6% | |
| 0.1 to 0.2 | 439 | 7.1% | |
| 0.2 to 0.3 | 438 | 7.1% | |
| 0.3 to 0.4 | 619 | 10.0% | |
| 0.4 to 0.5 | 618 | 10.0% | |
| 0.5 to 0.6 | 568 | 9.2% | |
| 0.6 to 0.7 | 568 | 9.2% | |
| 0.7 to 0.8 | 115 | 1.9% | |
| 0.8 to 0.9 | 114 | 1.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ELVN?
Enliven Therapeutics, Inc. Common Stock (ELVN) has an average correlation of about 0.156 with other NASDAQ stocks, based on 6,195 pairwise observations.
Is ELVN positively correlated with other stocks?
Mostly yes — 63.8% of pairs are positive and 36.2% are negative. Strong positive correlations (≥0.7) make up 3.7%.
What is the most common correlation range for ELVN?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 44.4% of all pairs.
Explore the full interactive correlation distribution for ELVN.
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