Which stocks are most correlated with L?

Based on one year of daily returns, the stocks most correlated with Loews Corporation (L) are CNA (0.80), IAK (0.78) and HIG (0.75). 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 L?

Over the past year, the stocks most inversely correlated with Loews Corporation (L) are FAZ (-0.43), REK (-0.43) and DRV (-0.43). A negative correlation means the two stocks have tended to move in opposite directions.

Loews Corporation (L) — Stock Correlations & Overview

Over the past year, L has moved most closely with CNA, IAK, HIG. Explore the stocks most correlated and inversely correlated with L below, along with its price, financials, and company profile.

Stocks correlated with L

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

Most correlated with L

Symbol	Company	Correlation
CNA	CNA Financial CorporationFIRE, MARINE & CASUALTY INSURANCE	0.80
IAK	iShares U.S. Insurance ETF	0.78
HIG	The Hartford Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE	0.75
KIE	State Street SPDR S&P Insurance ETF	0.74
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.72

Most inversely correlated with L

Symbol	Company	Correlation
FAZ	Direxion Daily Financial Bear 3x ETF	-0.43
REK	ProShares Short Real Estate	-0.43
DRV	Direxion Daily Real Estate Bear 3X ETF	-0.43
SRS	ProShares UltraShort Real Estate	-0.43
SEF	ProShares Short Financials	-0.43

Frequently asked questions about L correlations

Which stocks are most correlated with L?: Based on one year of daily returns, the stocks most correlated with Loews Corporation (L) are CNA (0.80), IAK (0.78) and HIG (0.75). 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 L?: Over the past year, the stocks most inversely correlated with Loews Corporation (L) are FAZ (-0.43), REK (-0.43) and DRV (-0.43). 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 L correlations calculated?: We compute the correlation of daily returns between L 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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