ZipRecruiter, Inc. (ZIP) — Stock Correlations & Overview
Over the past year, ZIP has moved most closely with PAYO, FSK, AI. Explore the stocks most correlated and inversely correlated with ZIP below, along with its price, financials, and company profile.
Stocks correlated with ZIP
Correlation of daily returns. Higher positive values move with ZIP; negative values move opposite it. Informational only, not investment advice.
Most correlated with ZIP
| Symbol | Company | Correlation |
|---|---|---|
| PAYO | Payoneer Global Inc. Common StockSERVICES-BUSINESS SERVICES, NEC | 0.41 |
| FSK | FS KKR Capital Corp. Common Stock | 0.41 |
| AI | C3.ai, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.40 |
| GDRX | GoodRx Holdings, Inc. Class A Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | 0.40 |
| LGRO | Level Four Large Cap Growth Active ETF | 0.38 |
Most inversely correlated with ZIP
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.34 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.30 |
| FNGD | MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038COMMERCIAL BANKS, NEC | -0.29 |
| SPXS | Direxion Daily S&P 500 Bear 3x ETF | -0.28 |
| SPXU | ProShares UltraPro Short S&P 500 | -0.28 |
Frequently asked questions about ZIP correlations
- Which stocks are most correlated with ZIP?
- Based on one year of daily returns, the stocks most correlated with ZipRecruiter, Inc. (ZIP) are PAYO (0.41), FSK (0.41) and AI (0.40). 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 ZIP?
- Over the past year, the stocks most inversely correlated with ZipRecruiter, Inc. (ZIP) are HDGE (-0.34), WEBS (-0.30) and FNGD (-0.29). 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 ZIP correlations calculated?
- We compute the correlation of daily returns between ZIP 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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