Lear Corporation (LEA) — Stock Correlations & Overview
Over the past year, LEA has moved most closely with ALV, ADNT, RFV. Explore the stocks most correlated and inversely correlated with LEA below, along with its price, financials, and company profile.
Stocks correlated with LEA
Correlation of daily returns. Higher positive values move with LEA; negative values move opposite it. Informational only, not investment advice.
Most correlated with LEA
| Symbol | Company | Correlation |
|---|---|---|
| ALV | Autoliv, Inc.MOTOR VEHICLE PARTS & ACCESSORIES | 0.72 |
| ADNT | Adient plc Ordinary SharesMOTOR VEHICLE PARTS & ACCESSORIES | 0.67 |
| RFV | Invesco S&P MidCap 400 Pure Value ETF | 0.66 |
| RWK | Invesco S&P MidCap 400 Revenue ETFINVESTMENT ADVICE | 0.66 |
| IVOV | Vanguard S&P Mid-Cap 400 Value ETF | 0.65 |
Frequently asked questions about LEA correlations
- Which stocks are most correlated with LEA?
- Based on one year of daily returns, the stocks most correlated with Lear Corporation (LEA) are ALV (0.72), ADNT (0.67) and RFV (0.66). 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 LEA?
- Over the past year, the stocks most inversely correlated with Lear Corporation (LEA) are SMDD (-0.59), MZZ (-0.59) and MYY (-0.58). 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 LEA correlations calculated?
- We compute the correlation of daily returns between LEA 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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