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ELVA correlations (Electrovaya Inc.)

Which assets move with ELVA and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

63.2%

3y weekly

Beta vs S&P 500

1.17

3y weekly

1-year return

+24.1%

price, adjusted

5-year return

+107.3%

price, adjusted

Market cap

$0.3B

latest

P/E ratio

68.4

trailing

Max drawdown

-56.0%

3y, daily closes

ELVA over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ELVA

Asset		Correlation (3Y)
RKLB	Rocket Lab Corporation	0.39
FEIM	Frequency Electronics, Inc.	0.39
NTLA	Intellia Therapeutics, Inc.	0.38
ECF	Ellsworth Growth and Income Fund Ltd.	0.38
RGT	Royce Global Trust, Inc.	0.36

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ELVA.

Asset		Correlation (3Y)
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.29
LNG	Cheniere Energy, Inc.	-0.26
CME	CME Group	-0.24

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/elva.json

Correlations, diversifiers, beta and volatility for ELVA, plus one endpoint per pair. API documentation.