Zillow Group, Inc. Class C Capital Stock (Z) — Stock Correlations & Overview
Over the past year, Z has moved most closely with ZG, IBUY, MILN. Explore the stocks most correlated and inversely correlated with Z below, along with its price, financials, and company profile.
Stocks correlated with Z
Correlation of daily returns. Higher positive values move with Z; negative values move opposite it. Informational only, not investment advice.
Most correlated with Z
| Symbol | Company | Correlation |
|---|---|---|
| ZG | ZILLOW GROUP INC CLASS ASERVICES-BUSINESS SERVICES, NEC | 0.99 |
| IBUY | Amplify Online Retail ETF | 0.61 |
| MILN | Global X Funds Global X Millennial Consumer ETF | 0.60 |
| PNQI | Invesco NASDAQ Internet ETF | 0.59 |
| TOGA | Tremblant Global ETF | 0.59 |
Most inversely correlated with Z
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.53 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.50 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.50 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.46 |
| SEF | ProShares Short Financials | -0.43 |
Frequently asked questions about Z correlations
- Which stocks are most correlated with Z?
- Based on one year of daily returns, the stocks most correlated with Zillow Group, Inc. Class C Capital Stock (Z) are ZG (0.99), IBUY (0.61) and MILN (0.60). 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 Z?
- Over the past year, the stocks most inversely correlated with Zillow Group, Inc. Class C Capital Stock (Z) are HDGE (-0.53), FLYD (-0.50) and WEBS (-0.50). 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 Z correlations calculated?
- We compute the correlation of daily returns between Z 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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