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Last Update: 11-Feb-2026, 18:29 CST

ESTA Correlation Report

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Correlation Plot    ExplainYTD: ESTA  -0.2 %  vs. SPX  1.4 % 
Establishment Labs Holdings Inc.

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: HIGH

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.261

0.031

4.18

1

0.7

55.0
* Last 60 market days. ESTA relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankESTA CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.513 Subscribe first then Login to view complete reports now

0.211

-1.136

5.15
2
0.485 Subscribe first then Login to view complete reports now

0.254

0.475

2.31
3
0.467 Subscribe first then Login to view complete reports now

0.283

-0.548

5.01
4
0.440 Subscribe first then Login to view complete reports now

0.312

-1.373

8.19
5
1
0.439 MLTX - MoonLake Immunotherapeutics Ordinary Shares

0.204

-0.886

5.40
Least Correlated Non-ETF Securities:
RankESTA CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
54
0.000 Subscribe first then Login to view complete reports now

-0.228

-0.040

-1.56
2
168
0.000 Subscribe first then Login to view complete reports now

-0.196

0.184

-1.50
3
226
0.000 Subscribe first then Login to view complete reports now

0.437

-0.028

2.30
4
55
0.000 Subscribe first then Login to view complete reports now

0.373

-0.073

2.13
5
155
0.000 TAK - Takeda Pharmaceutical Company Limited American Depositary Shares (each representing 1-2 of a share of)

0.136

0.428

1.62
Most Anti-Correlated Non-ETF Securities:
RankESTA CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.457 Subscribe first then Login to view complete reports now

-0.147

-0.120

-4.61
2
-0.305 Subscribe first then Login to view complete reports now

-0.112

0.412

-2.05
3
1
-0.294 Subscribe first then Login to view complete reports now

-0.107

0.002

-0.32
4
2
-0.286 Subscribe first then Login to view complete reports now

-0.221

0.322

-1.61
5
2
-0.285 JJSF - J J Snack Foods Corp.

-0.408

0.399

-2.43




 

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