Limbach Holdings, Inc Common Stock (LMB) — Stock Correlations & Overview
Over the past year, LMB has moved most closely with ASTE, PRIM, RCON. Explore the stocks most correlated and inversely correlated with LMB below, along with its price, financials, and company profile.
Stocks correlated with LMB
Correlation of daily returns. Higher positive values move with LMB; negative values move opposite it. Informational only, not investment advice.
Most correlated with LMB
| Symbol | Company | Correlation |
|---|---|---|
| ASTE | Astec Industries IncCONSTRUCTION MACHINERY & EQUIP | 0.60 |
| PRIM | Primoris Services CorporationWATER, SEWER, PIPELINE, COMM & POWER LINE CONSTRUCTION | 0.60 |
| RCON | Recon Technology, Ltd. Class A Ordinary SharesOIL & GAS FIELD SERVICES, NEC | 0.51 |
| CRTO | Criteo S.A. Ordinary SharesSERVICES-ADVERTISING AGENCIES | 0.50 |
| LMAT | LeMaitre Vascular, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.49 |
Most inversely correlated with LMB
| Symbol | Company | Correlation |
|---|---|---|
| BLMN | Bloomin' Brands, Inc. Common StockRETAIL-EATING PLACES | -0.39 |
| IFF | International Flavors & Fragrances Inc.INDUSTRIAL ORGANIC CHEMICALS | -0.31 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.30 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.30 |
| TWM | ProShares UltraShort Russell2000 | -0.30 |
Frequently asked questions about LMB correlations
- Which stocks are most correlated with LMB?
- Based on one year of daily returns, the stocks most correlated with Limbach Holdings, Inc Common Stock (LMB) are ASTE (0.60), PRIM (0.60) and RCON (0.51). 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 LMB?
- Over the past year, the stocks most inversely correlated with Limbach Holdings, Inc Common Stock (LMB) are BLMN (-0.39), IFF (-0.31) and TZA (-0.30). 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 LMB correlations calculated?
- We compute the correlation of daily returns between LMB 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.