Legence Corp. Class A Common stock (LGN) — Stock Correlations & Overview

Over the past year, LGN has moved most closely with PRN, PDP, TCAI. Explore the stocks most correlated and inversely correlated with LGN below, along with its price, financials, and company profile.

Stocks correlated with LGN

Correlation of daily returns. Higher positive values move with LGN; negative values move opposite it. Informational only, not investment advice.

Most correlated with LGN

SymbolCompanyCorrelation
PRNInvesco Exchange-Traded Fund Trust Invesco Dorsey Wright Industrials Momentum ETF0.66
PDPInvesco Exchange-Traded Fund Trust Invesco Dorsey Wright Momentum ETF0.66
TCAITortoise AI Infrastructure ETF0.65
HVACAdvisorShares HVAC and Industrials ETF0.65
FIXComfort Systems USA, Inc.ELECTRICAL WORK0.65

Most inversely correlated with LGN

SymbolCompanyCorrelation
BTALAGF U.S. Market Neutral Anti-Beta Fund-0.58
TSXDDirexion Daily Semiconductors Top 5 Bear 2X ETF-0.56
SOXSDirexion Daily Semiconductor Bear 3X ETF-0.54
REWProshares UltraShort Technology-0.54
EDZDirexion Daily MSCI Emerging Markets Bear 3X ETF-0.54

Frequently asked questions about LGN correlations

Which stocks are most correlated with LGN?
Based on one year of daily returns, the stocks most correlated with Legence Corp. Class A Common stock (LGN) are PRN (0.66), PDP (0.66) and TCAI (0.65). 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 LGN?
Over the past year, the stocks most inversely correlated with Legence Corp. Class A Common stock (LGN) are BTAL (-0.58), TSXD (-0.56) and SOXS (-0.54). 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 LGN correlations calculated?
We compute the correlation of daily returns between LGN 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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