The Allstate Corporation (ALL) — Stock Correlations & Overview
Over the past year, ALL has moved most closely with IAK, KBWP, HIG. Explore the stocks most correlated and inversely correlated with ALL below, along with its price, financials, and company profile.
Stocks correlated with ALL
Correlation of daily returns. Higher positive values move with ALL; negative values move opposite it. Informational only, not investment advice.
Most correlated with ALL
| Symbol | Company | Correlation |
|---|---|---|
| IAK | iShares U.S. Insurance ETF | 0.81 |
| KBWP | Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE | 0.76 |
| HIG | The Hartford Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE | 0.72 |
| PGR | Progressive CorporationFIRE, MARINE & CASUALTY INSURANCE | 0.70 |
| ACGL | Arch Capital Group LtdFIRE, MARINE & CASUALTY INSURANCE | 0.70 |
Most inversely correlated with ALL
| Symbol | Company | Correlation |
|---|---|---|
| CHAT | Roundhill Generative AI & Technology ETF | -0.47 |
| TRFK | Pacer Data and Digital Revolution ETF | -0.46 |
| TSXU | Direxion Daily Semiconductors Top 5 Bull 2X ETF | -0.46 |
| BAI | iShares A.I. Innovation and Tech Active ETF | -0.45 |
| WTAI | WisdomTree Artificial Intelligence and Innovation Fund | -0.44 |
Frequently asked questions about ALL correlations
- Which stocks are most correlated with ALL?
- Based on one year of daily returns, the stocks most correlated with The Allstate Corporation (ALL) are IAK (0.81), KBWP (0.76) and HIG (0.72). 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 ALL?
- Over the past year, the stocks most inversely correlated with The Allstate Corporation (ALL) are CHAT (-0.47), TRFK (-0.46) and TSXU (-0.46). 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 ALL correlations calculated?
- We compute the correlation of daily returns between ALL 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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