Lucid Diagnostics Inc. Common Stock (LUCD) — Stock Correlations & Overview
Over the past year, LUCD has moved most closely with SNPS, ARKG, OARK. Explore the stocks most correlated and inversely correlated with LUCD below, along with its price, financials, and company profile.
Stocks correlated with LUCD
Correlation of daily returns. Higher positive values move with LUCD; negative values move opposite it. Informational only, not investment advice.
Most correlated with LUCD
| Symbol | Company | Correlation |
|---|---|---|
| SNPS | Synopsys IncSERVICES-PREPACKAGED SOFTWARE | 0.39 |
| ARKG | ARK Genomic Revolution ETF | 0.38 |
| OARK | YieldMax Innovation Option Income Strategy ETF | 0.38 |
| ARKT | ARK DIET Q4 Buffer ETF | 0.37 |
| EKG | First Trust Nasdaq Lux Digital Health Solutions ETF | 0.36 |
Most inversely correlated with LUCD
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.35 |
| TWM | ProShares UltraShort Russell2000 | -0.30 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.30 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.30 |
| RWM | ProShares Short Russell2000 | -0.29 |
Frequently asked questions about LUCD correlations
- Which stocks are most correlated with LUCD?
- Based on one year of daily returns, the stocks most correlated with Lucid Diagnostics Inc. Common Stock (LUCD) are SNPS (0.39), ARKG (0.38) and OARK (0.38). 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 LUCD?
- Over the past year, the stocks most inversely correlated with Lucid Diagnostics Inc. Common Stock (LUCD) are SARK (-0.35), TWM (-0.30) and SRTY (-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 LUCD correlations calculated?
- We compute the correlation of daily returns between LUCD 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.