Zevia PBC (ZVIA) — Stock Correlations & Overview
Over the past year, ZVIA has moved most closely with ACIW, DLX, TDUP. Explore the stocks most correlated and inversely correlated with ZVIA below, along with its price, financials, and company profile.
Stocks correlated with ZVIA
Correlation of daily returns. Higher positive values move with ZVIA; negative values move opposite it. Informational only, not investment advice.
Most correlated with ZVIA
| Symbol | Company | Correlation |
|---|---|---|
| ACIW | ACI Worldwide, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.30 |
| DLX | Deluxe CorporationBLANKBOOKS, LOOSELEAF BINDERS & BOOKBINDG & RELATD WORK | 0.29 |
| TDUP | ThredUp Inc. Class A Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.29 |
| ROSC | Hartford Multifactor Small Cap ETF | 0.29 |
| XPER | Xperi IncSERVICES-PREPACKAGED SOFTWARE | 0.29 |
Most inversely correlated with ZVIA
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.22 |
| SDD | ProShares UltraShort SmallCap600 | -0.21 |
| INSM | Insmed, Inc.PHARMACEUTICAL PREPARATIONS | -0.21 |
| SBB | ProShares Short SmallCap600 | -0.21 |
| VIXM | ProShares VIX Mid-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.21 |
Frequently asked questions about ZVIA correlations
- Which stocks are most correlated with ZVIA?
- Based on one year of daily returns, the stocks most correlated with Zevia PBC (ZVIA) are ACIW (0.30), DLX (0.29) and TDUP (0.29). 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 ZVIA?
- Over the past year, the stocks most inversely correlated with Zevia PBC (ZVIA) are SKRE (-0.22), SDD (-0.21) and INSM (-0.21). 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 ZVIA correlations calculated?
- We compute the correlation of daily returns between ZVIA 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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