Which stocks are most correlated with LMND?

Based on one year of daily returns, the stocks most correlated with Lemonade, Inc. (LMND) are ITEQ (0.55), ARKF (0.55) and SOFI (0.55). 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 LMND?

Over the past year, the stocks most inversely correlated with Lemonade, Inc. (LMND) are SARK (-0.53), TZA (-0.48) and SRTY (-0.48). A negative correlation means the two stocks have tended to move in opposite directions.

Lemonade, Inc. (LMND) — Stock Correlations & Overview

Over the past year, LMND has moved most closely with ITEQ, ARKF, SOFI. Explore the stocks most correlated and inversely correlated with LMND below, along with its price, financials, and company profile.

Stocks correlated with LMND

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

Most correlated with LMND

Symbol	Company	Correlation
ITEQ	Amplify BlueStar Israel Technology ETF	0.55
ARKF	ARK Blockchain & Fintech Innovation ETF	0.55
SOFI	SoFi Technologies, Inc. Common StockFINANCE SERVICES	0.55
SOFX	Defiance Daily Target 2X Long SOFI ETF	0.55
FINX	Global X Funds Global X FinTech ETF	0.55

Most inversely correlated with LMND

Symbol	Company	Correlation
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.53
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.48
SRTY	ProShares UltraPro Short Russell2000	-0.48
TWM	ProShares UltraShort Russell2000	-0.48
RWM	ProShares Short Russell2000	-0.48

Frequently asked questions about LMND correlations

Which stocks are most correlated with LMND?: Based on one year of daily returns, the stocks most correlated with Lemonade, Inc. (LMND) are ITEQ (0.55), ARKF (0.55) and SOFI (0.55). 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 LMND?: Over the past year, the stocks most inversely correlated with Lemonade, Inc. (LMND) are SARK (-0.53), TZA (-0.48) and SRTY (-0.48). 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 LMND correlations calculated?: We compute the correlation of daily returns between LMND 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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