Energy Focus, Inc. (EFOI) — Stock Correlations & Overview
Over the past year, EFOI has moved most closely with LZM, RPAY, STRZ. Explore the stocks most correlated and inversely correlated with EFOI below, along with its price, financials, and company profile.
Stocks correlated with EFOI
Correlation of daily returns. Higher positive values move with EFOI; negative values move opposite it. Informational only, not investment advice.
Most correlated with EFOI
| Symbol | Company | Correlation |
|---|---|---|
| LZM | Lifezone Metals Limited | 0.39 |
| RPAY | Repay Holdings Corporation Class A Common StockSERVICES-BUSINESS SERVICES, NEC | 0.35 |
| STRZ | Starz Entertainment Corp. Common SharesSERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION | 0.31 |
| BZAI | Blaize Holdings, Inc. Common StockSEMICONDUCTORS & RELATED DEVICES | 0.30 |
| CADL | Candel Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.29 |
Most inversely correlated with EFOI
| Symbol | Company | Correlation |
|---|---|---|
| LZMH | LZ Technology Holdings Limited Class B Ordinary Shares | -0.67 |
| BMI | Badger Meter, Inc.TOTALIZING FLUID METERS & COUNTING DEVICES | -0.48 |
| FCHL | Fitness Champs Holdings Limited Common Stock | -0.41 |
| LYB | LyondellBasell Industries N.V. Class AINDUSTRIAL ORGANIC CHEMICALS | -0.28 |
| NRT | North European Oil Royalty TrustOIL ROYALTY TRADERS | -0.26 |
Frequently asked questions about EFOI correlations
- Which stocks are most correlated with EFOI?
- Based on one year of daily returns, the stocks most correlated with Energy Focus, Inc. (EFOI) are LZM (0.39), RPAY (0.35) and STRZ (0.31). 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 EFOI?
- Over the past year, the stocks most inversely correlated with Energy Focus, Inc. (EFOI) are LZMH (-0.67), BMI (-0.48) and FCHL (-0.41). 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 EFOI correlations calculated?
- We compute the correlation of daily returns between EFOI 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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