Lifeway Foods Inc (LWAY) — Stock Correlations & Overview
Over the past year, LWAY has moved most closely with TPR, CYCN, PGZ. Explore the stocks most correlated and inversely correlated with LWAY below, along with its price, financials, and company profile.
Stocks correlated with LWAY
Correlation of daily returns. Higher positive values move with LWAY; negative values move opposite it. Informational only, not investment advice.
Most correlated with LWAY
| Symbol | Company | Correlation |
|---|---|---|
| TPR | Tapestry, Inc. Common StockLEATHER & LEATHER PRODUCTS | 0.28 |
| CYCN | Cyclerion Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.27 |
| PGZ | PRINCIPAL REAL ESTATE INCOME FUND | 0.26 |
| OEFA | ALPS O'Shares International Developed Quality Dividend ETF | 0.24 |
| KG | Kestrel Group, Ltd.FIRE, MARINE & CASUALTY INSURANCE | 0.24 |
Most inversely correlated with LWAY
| Symbol | Company | Correlation |
|---|---|---|
| XHG | XChange TEC.INC American Depositary Shares | -0.28 |
| ARX | Accelerant HoldingsINSURANCE AGENTS, BROKERS & SERVICE | -0.27 |
| PUMP | ProPetro Holding Corp.OIL & GAS FIELD SERVICES, NEC | -0.20 |
| CAAS | China Automotive Systems, Inc. Ordinary Share | -0.20 |
| NCI | Neo-Concept International Group Holdings Limited Class A Ordinary Shares | -0.18 |
Frequently asked questions about LWAY correlations
- Which stocks are most correlated with LWAY?
- Based on one year of daily returns, the stocks most correlated with Lifeway Foods Inc (LWAY) are TPR (0.28), CYCN (0.27) and PGZ (0.26). 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 LWAY?
- Over the past year, the stocks most inversely correlated with Lifeway Foods Inc (LWAY) are XHG (-0.28), ARX (-0.27) and PUMP (-0.20). 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 LWAY correlations calculated?
- We compute the correlation of daily returns between LWAY 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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