Which stocks are most correlated with LOGI?

Based on one year of daily returns, the stocks most correlated with Logitech International SA (LOGI) are NXTI (0.56), HPQ (0.56) and ITAN (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 LOGI?

Over the past year, the stocks most inversely correlated with Logitech International SA (LOGI) are SPXS (-0.46), SPXU (-0.46) and SDS (-0.46). A negative correlation means the two stocks have tended to move in opposite directions.

Logitech International SA (LOGI) — Stock Correlations & Overview

Over the past year, LOGI has moved most closely with NXTI, HPQ, ITAN. Explore the stocks most correlated and inversely correlated with LOGI below, along with its price, financials, and company profile.

Stocks correlated with LOGI

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

Most correlated with LOGI

Symbol	Company	Correlation
NXTI	Simplify Next Intangible Core Index ETF	0.56
HPQ	HP Inc.COMPUTER & OFFICE EQUIPMENT	0.56
ITAN	Sparkline Intangible Value ETF	0.55
SEIV	SEI QiM U.S. Large Cap Value Active ETF	0.55
NTAP	NetApp, IncCOMPUTER STORAGE DEVICES	0.55

Most inversely correlated with LOGI

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.46
SPXU	ProShares UltraPro Short S&P 500	-0.46
SDS	ProShares UltraShort S&P500	-0.46
SH	ProShares Short S&P500	-0.45
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.45

Frequently asked questions about LOGI correlations

Which stocks are most correlated with LOGI?: Based on one year of daily returns, the stocks most correlated with Logitech International SA (LOGI) are NXTI (0.56), HPQ (0.56) and ITAN (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 LOGI?: Over the past year, the stocks most inversely correlated with Logitech International SA (LOGI) are SPXS (-0.46), SPXU (-0.46) and SDS (-0.46). 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 LOGI correlations calculated?: We compute the correlation of daily returns between LOGI 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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