The LGL Group, Inc. (LGL) — Stock Correlations & Overview
Over the past year, LGL has moved most closely with MGYR, FUSB, WAFDP. Explore the stocks most correlated and inversely correlated with LGL below, along with its price, financials, and company profile.
Stocks correlated with LGL
Correlation of daily returns. Higher positive values move with LGL; negative values move opposite it. Informational only, not investment advice.
Most correlated with LGL
| Symbol | Company | Correlation |
|---|---|---|
| MGYR | Magyar Bancorp, Inc.SAVINGS INSTITUTION, FEDERALLY CHARTERED | 0.25 |
| FUSB | First US Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS | 0.22 |
| WAFDP | WaFd, Inc. Depositary SharesNATIONAL COMMERCIAL BANKS | 0.20 |
| AGMH | AGM Group Holdings Inc. Class A Ordinary Shares | 0.20 |
| LUMN | Lumen Technologies, Inc.TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | 0.19 |
Most inversely correlated with LGL
| Symbol | Company | Correlation |
|---|---|---|
| MAZE | Maze Therapeutics, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.23 |
| TVE | Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029ELECTRIC SERVICES | -0.20 |
| SANG | Sangoma Technologies Corporation Common Shares | -0.19 |
| NEPH | Nephros Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.19 |
| SKT | Tanger Inc.REAL ESTATE INVESTMENT TRUSTS | -0.18 |
Frequently asked questions about LGL correlations
- Which stocks are most correlated with LGL?
- Based on one year of daily returns, the stocks most correlated with The LGL Group, Inc. (LGL) are MGYR (0.25), FUSB (0.22) and WAFDP (0.20). 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 LGL?
- Over the past year, the stocks most inversely correlated with The LGL Group, Inc. (LGL) are MAZE (-0.23), TVE (-0.20) and SANG (-0.19). 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 LGL correlations calculated?
- We compute the correlation of daily returns between LGL 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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