Playtika Holding Corp. Common Stock (PLTK) — Stock Correlations & Overview
Over the past year, PLTK has moved most closely with LZ, CMRC, TOGA. Explore the stocks most correlated and inversely correlated with PLTK below, along with its price, financials, and company profile.
Stocks correlated with PLTK
Correlation of daily returns. Higher positive values move with PLTK; negative values move opposite it. Informational only, not investment advice.
Most correlated with PLTK
| Symbol | Company | Correlation |
|---|---|---|
| LZ | LegalZoom.com, Inc. Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.47 |
| CMRC | Commerce.com, Inc. Series 1 Common StockSERVICES-PREPACKAGED SOFTWARE | 0.43 |
| TOGA | Tremblant Global ETF | 0.41 |
| IPAY | Amplify Digital Payments ETF | 0.41 |
| MTCH | Match Group, IncSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.41 |
Frequently asked questions about PLTK correlations
- Which stocks are most correlated with PLTK?
- Based on one year of daily returns, the stocks most correlated with Playtika Holding Corp. Common Stock (PLTK) are LZ (0.47), CMRC (0.43) and TOGA (0.41). 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 PLTK?
- Over the past year, the stocks most inversely correlated with Playtika Holding Corp. Common Stock (PLTK) are HDGE (-0.36), FLYD (-0.35) and FAZ (-0.35). 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 PLTK correlations calculated?
- We compute the correlation of daily returns between PLTK 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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