LifeMD, Inc. Common Stock (LFMD) — Stock Correlations & Overview
Over the past year, LFMD has moved most closely with ARKF, WIMI, OARK. Explore the stocks most correlated and inversely correlated with LFMD below, along with its price, financials, and company profile.
Stocks correlated with LFMD
Correlation of daily returns. Higher positive values move with LFMD; negative values move opposite it. Informational only, not investment advice.
Most correlated with LFMD
| Symbol | Company | Correlation |
|---|---|---|
| ARKF | ARK Blockchain & Fintech Innovation ETF | 0.46 |
| WIMI | WiMi Hologram Cloud Inc. Class B Ordinary Shares | 0.46 |
| OARK | YieldMax Innovation Option Income Strategy ETF | 0.44 |
| ARKK | ARK Innovation ETF | 0.43 |
| ARKT | ARK DIET Q4 Buffer ETF | 0.43 |
Most inversely correlated with LFMD
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.44 |
| RWM | ProShares Short Russell2000 | -0.39 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.38 |
| TWM | ProShares UltraShort Russell2000 | -0.38 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.38 |
Frequently asked questions about LFMD correlations
- Which stocks are most correlated with LFMD?
- Based on one year of daily returns, the stocks most correlated with LifeMD, Inc. Common Stock (LFMD) are ARKF (0.46), WIMI (0.46) and OARK (0.44). 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 LFMD?
- Over the past year, the stocks most inversely correlated with LifeMD, Inc. Common Stock (LFMD) are SARK (-0.44), RWM (-0.39) and SRTY (-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 LFMD correlations calculated?
- We compute the correlation of daily returns between LFMD 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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