Co-movers

daily closesMethod

Moved together

ZYMEwithANAB

Uncorrelated: r 0.23 · 499D.

Shared co-movers2with ZYMEwith ANAB

NRIXNurix Therapeutics, Inc.r 0.36r 0.32

DNLIDenali Therapeutics Inc.r 0.37r 0.28

ZYME, solidANAB, hatchedr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

ZYME compared with ANAB: revenue, margins and what each company keeps, and the suppliers and customers both name