Lucas GC Limited Ordinary Shares (LGCL) — Stock Correlations & Overview
Over the past year, LGCL has moved most closely with UCL, DCGO, SNPS. Explore the stocks most correlated and inversely correlated with LGCL below, along with its price, financials, and company profile.
Stocks correlated with LGCL
Correlation of daily returns. Higher positive values move with LGCL; negative values move opposite it. Informational only, not investment advice.
Most correlated with LGCL
| Symbol | Company | Correlation |
|---|---|---|
| UCL | uCloudlink Group Inc. American Depositary Shares | 0.45 |
| DCGO | DocGo Inc. Common StockSERVICES-HEALTH SERVICES | 0.38 |
| SNPS | Synopsys IncSERVICES-PREPACKAGED SOFTWARE | 0.34 |
| FN | FabrinetTELEPHONE & TELEGRAPH APPARATUS | 0.31 |
| KALU | Kaiser Aluminum CorporationROLLING DRAWING & EXTRUDING OF NONFERROUS METALS | 0.29 |
Most inversely correlated with LGCL
| Symbol | Company | Correlation |
|---|---|---|
| AMLX | Amylyx Pharmaceuticals, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.49 |
| ILAG | Intelligent Living Application Group Inc. Ordinary Shares | -0.29 |
| YHC | LQR House Inc. Common StockBEVERAGES | -0.28 |
| WLDS | Wearable Devices Ltd. Ordinary Share | -0.26 |
| UGI | UGI CorporationGAS & OTHER SERVICES COMBINED | -0.25 |
Frequently asked questions about LGCL correlations
- Which stocks are most correlated with LGCL?
- Based on one year of daily returns, the stocks most correlated with Lucas GC Limited Ordinary Shares (LGCL) are UCL (0.45), DCGO (0.38) and SNPS (0.34). 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 LGCL?
- Over the past year, the stocks most inversely correlated with Lucas GC Limited Ordinary Shares (LGCL) are AMLX (-0.49), ILAG (-0.29) and YHC (-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 LGCL correlations calculated?
- We compute the correlation of daily returns between LGCL 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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