LifeMD, Inc. 8.875% Series A Cumulative Perpetual Preferred Stock (LFMDP) — Stock Correlations & Overview
Over the past year, LFMDP has moved most closely with BTF, MENS, VTGN. Explore the stocks most correlated and inversely correlated with LFMDP below, along with its price, financials, and company profile.
Stocks correlated with LFMDP
Correlation of daily returns. Higher positive values move with LFMDP; negative values move opposite it. Informational only, not investment advice.
Most correlated with LFMDP
| Symbol | Company | Correlation |
|---|---|---|
| BTF | CoinShares ETF Trust CoinShares Bitcoin and Ether ETF | 0.46 |
| MENS | Jyong Biotech Ltd. Ordinary Shares | 0.46 |
| VTGN | Vistagen Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.40 |
| PLCE | Children's Place, Inc.RETAIL-FAMILY CLOTHING STORES | 0.26 |
| EMSF | Matthews Emerging Markets Sustainable Future Active ETFFINANCE SERVICES | 0.25 |
Most inversely correlated with LFMDP
| Symbol | Company | Correlation |
|---|---|---|
| MARPS | Marine Petroleum TrustOIL ROYALTY TRADERS | -0.32 |
| TWOpA | Two Harbors Investment Corp 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ($25.00 liquidation preference per share)REAL ESTATE INVESTMENT TRUSTS | -0.29 |
| PHOE | Phoenix Asia Holdings Limited Ordinary Shares | -0.28 |
| ABM | ABM Industries, Inc.SERVICES-TO DWELLINGS & OTHER BUILDINGS | -0.27 |
| PCSA | Processa Pharmaceuticals, Inc. CommonPHARMACEUTICAL PREPARATIONS | -0.27 |
Frequently asked questions about LFMDP correlations
- Which stocks are most correlated with LFMDP?
- Based on one year of daily returns, the stocks most correlated with LifeMD, Inc. 8.875% Series A Cumulative Perpetual Preferred Stock (LFMDP) are BTF (0.46), MENS (0.46) and VTGN (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 LFMDP?
- Over the past year, the stocks most inversely correlated with LifeMD, Inc. 8.875% Series A Cumulative Perpetual Preferred Stock (LFMDP) are MARPS (-0.32), TWOpA (-0.29) and PHOE (-0.28). 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 LFMDP correlations calculated?
- We compute the correlation of daily returns between LFMDP 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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