Which stocks are most correlated with FIGS?

Based on one year of daily returns, the stocks most correlated with FIGS, Inc. (FIGS) are IBUY (0.42), FWRD (0.42) and AORT (0.40). 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 FIGS?

Over the past year, the stocks most inversely correlated with FIGS, Inc. (FIGS) are FLYD (-0.30), WEBS (-0.27) and EMTY (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

FIGS, Inc. (FIGS) — Stock Correlations & Overview

Over the past year, FIGS has moved most closely with IBUY, FWRD, AORT. Explore the stocks most correlated and inversely correlated with FIGS below, along with its price, financials, and company profile.

Stocks correlated with FIGS

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

Most correlated with FIGS

Symbol	Company	Correlation
IBUY	Amplify Online Retail ETF	0.42
FWRD	Forward Air CorpARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO	0.42
AORT	Artivion, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS	0.40
ABNB	Airbnb, Inc. Class A Common StockSERVICES-TO DWELLINGS & OTHER BUILDINGS	0.39
PRAA	PRA Group, Inc.SHORT-TERM BUSINESS CREDIT INSTITUTIONS	0.39

Most inversely correlated with FIGS

Symbol	Company	Correlation
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.30
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.27
EMTY	ProShares Decline of the Retail Store ETF	-0.27
SCC	ProShares UltraShort Consumer Discretionary	-0.25
PGNY	Progyny, Inc. Common StockSERVICES-MISC HEALTH & ALLIED SERVICES, NEC	-0.24

Frequently asked questions about FIGS correlations

Which stocks are most correlated with FIGS?: Based on one year of daily returns, the stocks most correlated with FIGS, Inc. (FIGS) are IBUY (0.42), FWRD (0.42) and AORT (0.40). 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 FIGS?: Over the past year, the stocks most inversely correlated with FIGS, Inc. (FIGS) are FLYD (-0.30), WEBS (-0.27) and EMTY (-0.27). 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 FIGS correlations calculated?: We compute the correlation of daily returns between FIGS 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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