Cardlytics, Inc. Common Stock (CDLX) — Stock Correlations & Overview

Over the past year, CDLX has moved most closely with CPRO, KOCT, SNOV. Explore the stocks most correlated and inversely correlated with CDLX below, along with its price, financials, and company profile.

Stocks correlated with CDLX

Correlation of daily returns. Higher positive values move with CDLX; negative values move opposite it. Informational only, not investment advice.

Most correlated with CDLX

SymbolCompanyCorrelation
CPROCalamos Russell 2000 Structured Alt Protection ETF - October0.42
KOCTInnovator U.S. Small Cap Power Buffer ETF - October0.42
SNOVFT Vest U.S. Small Cap Moderate Buffer ETF - November0.41
BUFSFT Vest Laddered Small Cap Moderate Buffer ETF0.40
KNOVInnovator U.S. Small Cap Power Buffer ETF - November0.40

Most inversely correlated with CDLX

SymbolCompanyCorrelation
RWMProShares Short Russell2000-0.38
TWMProShares UltraShort Russell2000-0.37
SRTYProShares UltraPro Short Russell2000-0.37
TZADirexion Daily Small Cap Bear 3x ETF-0.37
SDDProShares UltraShort SmallCap600-0.37

Frequently asked questions about CDLX correlations

Which stocks are most correlated with CDLX?
Based on one year of daily returns, the stocks most correlated with Cardlytics, Inc. Common Stock (CDLX) are CPRO (0.42), KOCT (0.42) and SNOV (0.41). 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 CDLX?
Over the past year, the stocks most inversely correlated with Cardlytics, Inc. Common Stock (CDLX) are RWM (-0.38), TWM (-0.37) and SRTY (-0.37). 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 CDLX correlations calculated?
We compute the correlation of daily returns between CDLX 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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