Which stocks are most correlated with LYV?

Based on one year of daily returns, the stocks most correlated with Live Nation Entertainment Inc. (LYV) are LLYVK (0.89), LLYVA (0.88) and MUSQ (0.52). 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 LYV?

Over the past year, the stocks most inversely correlated with Live Nation Entertainment Inc. (LYV) are SMN (-0.33), EPV (-0.31) and EFU (-0.30). A negative correlation means the two stocks have tended to move in opposite directions.

Live Nation Entertainment Inc. (LYV) — Stock Correlations & Overview

Over the past year, LYV has moved most closely with LLYVK, LLYVA, MUSQ. Explore the stocks most correlated and inversely correlated with LYV below, along with its price, financials, and company profile.

Stocks correlated with LYV

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

Most correlated with LYV

Symbol	Company	Correlation
LLYVK	Liberty Live Holdings, Inc. Series C Liberty Live Group Common Stock	0.89
LLYVA	Liberty Live Holdings, Inc. Series A Liberty Live Group Common Stock	0.88
MUSQ	MUSQ Global Music Industry Index ETF	0.52
TREX	Trex Company, Inc.LUMBER & WOOD PRODUCTS (NO FURNITURE)	0.41
PEJ	Invesco Leisure and Entertainment ETF	0.39

Most inversely correlated with LYV

Symbol	Company	Correlation
SMN	ProShares UltraShort Materials	-0.33
EPV	ProShares UltraShort FTSE Europe	-0.31
EFU	ProShares Trust UltraShort MSCI EAFE	-0.30
MTC	MMTec, Inc. Common Shares	-0.30
SRS	ProShares UltraShort Real Estate	-0.29

Frequently asked questions about LYV correlations

Which stocks are most correlated with LYV?: Based on one year of daily returns, the stocks most correlated with Live Nation Entertainment Inc. (LYV) are LLYVK (0.89), LLYVA (0.88) and MUSQ (0.52). 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 LYV?: Over the past year, the stocks most inversely correlated with Live Nation Entertainment Inc. (LYV) are SMN (-0.33), EPV (-0.31) and EFU (-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 LYV correlations calculated?: We compute the correlation of daily returns between LYV 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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