Which stocks are most correlated with LZ?

Based on one year of daily returns, the stocks most correlated with LegalZoom.com, Inc. Common Stock (LZ) are CMRC (0.60), EPAM (0.58) and TRIP (0.56). 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 LZ?

Over the past year, the stocks most inversely correlated with LegalZoom.com, Inc. Common Stock (LZ) are HDGE (-0.41), WEBS (-0.39) and DWSH (-0.36). A negative correlation means the two stocks have tended to move in opposite directions.

LegalZoom.com, Inc. Common Stock (LZ) — Stock Correlations & Overview

Over the past year, LZ has moved most closely with CMRC, EPAM, TRIP. Explore the stocks most correlated and inversely correlated with LZ below, along with its price, financials, and company profile.

Stocks correlated with LZ

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

Most correlated with LZ

Symbol	Company	Correlation
CMRC	Commerce.com, Inc. Series 1 Common StockSERVICES-PREPACKAGED SOFTWARE	0.60
EPAM	EPAM SYSTEMS, INC.SERVICES-COMPUTER PROGRAMMING SERVICES	0.58
TRIP	TripAdvisor, Inc.SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.	0.56
TDUP	ThredUp Inc. Class A Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES	0.55
HUBS	HUBSPOT, INC.SERVICES-PREPACKAGED SOFTWARE	0.55

Most inversely correlated with LZ

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.41
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.39
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.36
SEF	ProShares Short Financials	-0.34
FAZ	Direxion Daily Financial Bear 3x ETF	-0.34

Frequently asked questions about LZ correlations

Which stocks are most correlated with LZ?: Based on one year of daily returns, the stocks most correlated with LegalZoom.com, Inc. Common Stock (LZ) are CMRC (0.60), EPAM (0.58) and TRIP (0.56). 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 LZ?: Over the past year, the stocks most inversely correlated with LegalZoom.com, Inc. Common Stock (LZ) are HDGE (-0.41), WEBS (-0.39) and DWSH (-0.36). 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 LZ correlations calculated?: We compute the correlation of daily returns between LZ 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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