Herbalife Ltd. (HLF) — Stock Correlations & Overview
Over the past year, HLF has moved most closely with DEEP, NUS, MVAL. Explore the stocks most correlated and inversely correlated with HLF below, along with its price, financials, and company profile.
Stocks correlated with HLF
Correlation of daily returns. Higher positive values move with HLF; negative values move opposite it. Informational only, not investment advice.
Most correlated with HLF
| Symbol | Company | Correlation |
|---|---|---|
| DEEP | Acquirers Small and Micro Deep Value ETF | 0.48 |
| NUS | NuSkin Enterprises, Inc.WHOLESALE-DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES | 0.47 |
| MVAL | VanEck Morningstar Wide Moat Value ETF | 0.45 |
| QVAL | Alpha Architect U.S. Quantitative Value ETF | 0.45 |
| BSMC | Brandes U.S. Small-Mid Cap Value ETF | 0.44 |
Frequently asked questions about HLF correlations
- Which stocks are most correlated with HLF?
- Based on one year of daily returns, the stocks most correlated with Herbalife Ltd. (HLF) are DEEP (0.48), NUS (0.47) and MVAL (0.45). 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 HLF?
- Over the past year, the stocks most inversely correlated with Herbalife Ltd. (HLF) are EMTY (-0.40), SDD (-0.39) and SBB (-0.38). 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 HLF correlations calculated?
- We compute the correlation of daily returns between HLF 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.