Which stocks are most correlated with LIVN?

Based on one year of daily returns, the stocks most correlated with LivaNova PLC Ordinary Shares (LIVN) are XHE (0.61), MDEV (0.56) and BV (0.53). 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 LIVN?

Over the past year, the stocks most inversely correlated with LivaNova PLC Ordinary Shares (LIVN) are SMDD (-0.45), SBB (-0.45) and HDGE (-0.44). A negative correlation means the two stocks have tended to move in opposite directions.

LivaNova PLC Ordinary Shares (LIVN) — Stock Correlations & Overview

Over the past year, LIVN has moved most closely with XHE, MDEV, BV. Explore the stocks most correlated and inversely correlated with LIVN below, along with its price, financials, and company profile.

Stocks correlated with LIVN

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

Most correlated with LIVN

Symbol	Company	Correlation
XHE	State Street SPDR S&P Health Care Equipment ETF	0.61
MDEV	First Trust Indxx Medical Devices ETF	0.56
BV	BrightView Holdings, Inc. Common Stock	0.53
TMFS	Motley Fool Small-Cap Growth ETF	0.52
IHI	iShares U.S. Medical Devices ETF	0.52

Most inversely correlated with LIVN

Symbol	Company	Correlation
SMDD	ProShares UltraPro Short MidCap400	-0.45
SBB	ProShares Short SmallCap600	-0.45
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.44
MZZ	ProShares UltraShort MidCap400	-0.44
MYY	ProShares Short MidCap400	-0.43

Frequently asked questions about LIVN correlations

Which stocks are most correlated with LIVN?: Based on one year of daily returns, the stocks most correlated with LivaNova PLC Ordinary Shares (LIVN) are XHE (0.61), MDEV (0.56) and BV (0.53). 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 LIVN?: Over the past year, the stocks most inversely correlated with LivaNova PLC Ordinary Shares (LIVN) are SMDD (-0.45), SBB (-0.45) and HDGE (-0.44). 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 LIVN correlations calculated?: We compute the correlation of daily returns between LIVN 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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