Which stocks are most correlated with MKL?

Based on one year of daily returns, the stocks most correlated with Markel Group Inc. (MKL) are KIE (0.65), IAK (0.65) and KBWP (0.61). 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 MKL?

Over the past year, the stocks most inversely correlated with Markel Group Inc. (MKL) are RDAC (-0.39), FAZ (-0.38) and SKF (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Markel Group Inc. (MKL) — Stock Correlations & Overview

Over the past year, MKL has moved most closely with KIE, IAK, KBWP. Explore the stocks most correlated and inversely correlated with MKL below, along with its price, financials, and company profile.

Stocks correlated with MKL

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

Most correlated with MKL

Symbol	Company	Correlation
KIE	State Street SPDR S&P Insurance ETF	0.65
IAK	iShares U.S. Insurance ETF	0.65
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.61
ACGL	Arch Capital Group LtdFIRE, MARINE & CASUALTY INSURANCE	0.61
L	Loews CorporationFIRE, MARINE & CASUALTY INSURANCE	0.60

Most inversely correlated with MKL

Symbol	Company	Correlation
RDAC	Rising Dragon Acquisition Corp. Ordinary SharesBLANK CHECKS	-0.39
FAZ	Direxion Daily Financial Bear 3x ETF	-0.38
SKF	ProShares UltraShort Financials	-0.37
SEF	ProShares Short Financials	-0.37
REK	ProShares Short Real Estate	-0.36

Frequently asked questions about MKL correlations

Which stocks are most correlated with MKL?: Based on one year of daily returns, the stocks most correlated with Markel Group Inc. (MKL) are KIE (0.65), IAK (0.65) and KBWP (0.61). 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 MKL?: Over the past year, the stocks most inversely correlated with Markel Group Inc. (MKL) are RDAC (-0.39), FAZ (-0.38) and SKF (-0.37). 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 MKL correlations calculated?: We compute the correlation of daily returns between MKL 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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