Which stocks are most correlated with MAX?

Based on one year of daily returns, the stocks most correlated with MediaAlpha, Inc. (MAX) are QNST (0.61), EVER (0.56) and FRSH (0.50). 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 MAX?

Over the past year, the stocks most inversely correlated with MediaAlpha, Inc. (MAX) are HDGE (-0.41), DWSH (-0.35) and WEBS (-0.30). A negative correlation means the two stocks have tended to move in opposite directions.

MediaAlpha, Inc. (MAX) — Stock Correlations & Overview

Over the past year, MAX has moved most closely with QNST, EVER, FRSH. Explore the stocks most correlated and inversely correlated with MAX below, along with its price, financials, and company profile.

Stocks correlated with MAX

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

Most correlated with MAX

Symbol	Company	Correlation
QNST	QuinStreet, Inc.SERVICES-BUSINESS SERVICES, NEC	0.61
EVER	EverQuote, Inc. Class A Common StockSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.	0.56
FRSH	Freshworks Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE	0.50
VERX	Vertex, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE	0.47
XSW	State Street SPDR S&P Software & Services ETF	0.47

Most inversely correlated with MAX

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.41
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.35
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.30
FAZ	Direxion Daily Financial Bear 3x ETF	-0.30
SEF	ProShares Short Financials	-0.29

Frequently asked questions about MAX correlations

Which stocks are most correlated with MAX?: Based on one year of daily returns, the stocks most correlated with MediaAlpha, Inc. (MAX) are QNST (0.61), EVER (0.56) and FRSH (0.50). 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 MAX?: Over the past year, the stocks most inversely correlated with MediaAlpha, Inc. (MAX) are HDGE (-0.41), DWSH (-0.35) and WEBS (-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 MAX correlations calculated?: We compute the correlation of daily returns between MAX 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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