Lemonade Correlations

LMND Stock

USD 79.41 0.78 0.97%

The current 90-days correlation between Lemonade and Selective Insurance Group is 0.1 (i.e., Average diversification). The correlation of Lemonade is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Lemonade Correlation With Market

Weak diversification

The correlation between Lemonade and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lemonade and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Lemonade Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lemonade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For information on how to trade Lemonade Stock refer to our How to Trade Lemonade Stock guide.

Moving together with Lemonade Stock

0.8	CB	Chubb Sell-off Trend	Pair Corr
0.66	TSU	Trisura Group	Pair Corr
0.65	FIHL	Fidelis Insurance	Pair Corr
0.78	ACT	Enact Holdings	Pair Corr
0.78	AGO	Assured Guaranty	Pair Corr
0.79	AIZ	Assurant	Pair Corr
0.74	AXS	AXIS Capital Holdings	Pair Corr
0.8	MCY	Mercury General	Pair Corr
0.85	MKL	Markel	Pair Corr
0.65	ORI	Old Republic Interna Earnings Call This Week	Pair Corr
0.68	TRV	The Travelers Companies Earnings Call Tomorrow	Pair Corr
0.7	WTM	White Mountains Insurance	Pair Corr
0.71	HGTY	Hagerty	Pair Corr
0.64	HRTG	Heritage Insurance Hldgs	Pair Corr

Moving against Lemonade Stock

0.84	ERIE	Erie Indemnity	Pair Corr
0.76	KFS	Kingsway Financial	Pair Corr
0.59	HCI	HCI Group	Pair Corr
0.53	AII	American Integrity	Pair Corr
0.8	GOCO	GoHealth	Pair Corr
0.75	ADM	Admiral Group PLC	Pair Corr
0.43	WRB	W R Berkley Earnings Call This Week	Pair Corr
0.79	KMPR	Kemper	Pair Corr
0.73	KNSL	Kinsale Capital Group	Pair Corr
0.67	BEZ	Beazley plc	Pair Corr
0.66	MHLA	Maiden Holdings	Pair Corr

Related Correlations Analysis

	SIGI	MCY	WTM	ALL	FLG	RLI	RDN	HGTY	LAZ	AHL
SIGI		0.58	0.67	0.41	0.65	0.42	0.49	0.46	0.28	0.6	SIGI
MCY	0.58		0.83	0.79	0.65	0.69	0.73	0.89	0.39	0.79	MCY
WTM	0.67	0.83		0.48	0.89	0.41	0.6	0.57	0.56	0.86	WTM
ALL	0.41	0.79	0.48		0.27	0.7	0.73	0.89	0.13	0.46	ALL
FLG	0.65	0.65	0.89	0.27		0.35	0.48	0.34	0.56	0.74	FLG
RLI	0.42	0.69	0.41	0.7	0.35		0.77	0.65	-0.03	0.22	RLI
RDN	0.49	0.73	0.6	0.73	0.48	0.77		0.67	0.14	0.43	RDN
HGTY	0.46	0.89	0.57	0.89	0.34	0.65	0.67		0.25	0.62	HGTY
LAZ	0.28	0.39	0.56	0.13	0.56	-0.03	0.14	0.25		0.56	LAZ
AHL	0.6	0.79	0.86	0.46	0.74	0.22	0.43	0.62	0.56		AHL
	SIGI	MCY	WTM	ALL	FLG	RLI	RDN	HGTY	LAZ	AHL

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

HGTY	+ 0.89	MCY
FLG	+ 0.89	WTM
HGTY	+ 0.89	ALL
AHL	+ 0.86	WTM
WTM	+ 0.83	MCY
ALL	+ 0.79	MCY

High negative correlations

LAZ

- 0.03

RLI

Risk-Adjusted Indicators

There is a big difference between Lemonade Stock performing well and Lemonade Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lemonade's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SIGI	1.14	(0.09)	0.00	(0.06)	0.00	0.00	1.95	(1.86)	8.71
MCY	1.03	0.17	0.07	2.85	1.03	(1.11)	2.59	(2.06)	7.17
WTM	0.83	0.04	0.00	0.17	0.85	(0.92)	1.88	(1.63)	8.03
ALL	1.01	(0.16)	0.00	(0.29)	0.00	0.00	2.10	(2.37)	8.07
FLG	1.40	0.02	0.01	0.11	1.74	(1.62)	3.85	(2.39)	8.76
RLI	1.12	(0.11)	0.00	2.27	0.00	0.00	2.38	(2.87)	6.59
RDN	1.01	(0.08)	0.00	(0.04)	0.00	0.00	1.95	(2.26)	10.62
HGTY	1.48	0.00	(0.02)	0.10	1.72	(1.64)	3.94	(2.26)	9.86
LAZ	1.44	(0.01)	0.02	0.08	2.12	(1.36)	3.13	(2.51)	12.15
AHL	0.10	0.01	(0.53)	(1.69)	0.00	(0.12)	0.22	(0.19)	0.76

Lemonade Corporate Management

Maya Prosor	Chief Officer	Profile
Michael Eisenberg	Independent Director	Profile
Gavin Blair	Senior Operations	Profile
Irina Novoselsky	Independent Director	Profile
Jorge Espinel	Chief Business Development Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC