Which stocks are most correlated with AAON?

Based on one year of daily returns, the stocks most correlated with Aaon Inc (AAON) are MOD (0.60), MTSI (0.58) and MKSI (0.57). 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 AAON?

Over the past year, the stocks most inversely correlated with Aaon Inc (AAON) are SOXS (-0.52), HIBS (-0.52) and SIJ (-0.49). A negative correlation means the two stocks have tended to move in opposite directions.

Aaon Inc (AAON) — Stock Correlations & Overview

Over the past year, AAON has moved most closely with MOD, MTSI, MKSI. Explore the stocks most correlated and inversely correlated with AAON below, along with its price, financials, and company profile.

Stocks correlated with AAON

Correlation of daily returns. Higher positive values move with AAON; negative values move opposite it. Informational only, not investment advice.

Most correlated with AAON

Symbol	Company	Correlation
MOD	Modine Manufacturing CoMOTOR VEHICLE PARTS & ACCESSORIES	0.60
MTSI	MACOM Technology Solutions Holdings, IncSEMICONDUCTORS & RELATED DEVICES	0.58
MKSI	MKS Inc. Common StockINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL	0.57
AIRR	First Trust RBA American Industrial Renaissance ETF	0.57
MADE	iShares U.S. Manufacturing ETF	0.56

Most inversely correlated with AAON

Symbol	Company	Correlation
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.52
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.52
SIJ	ProShares UltraShort Industrials	-0.49
SMDD	ProShares UltraPro Short MidCap400	-0.48
MZZ	ProShares UltraShort MidCap400	-0.48

Frequently asked questions about AAON correlations

Which stocks are most correlated with AAON?: Based on one year of daily returns, the stocks most correlated with Aaon Inc (AAON) are MOD (0.60), MTSI (0.58) and MKSI (0.57). 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 AAON?: Over the past year, the stocks most inversely correlated with Aaon Inc (AAON) are SOXS (-0.52), HIBS (-0.52) and SIJ (-0.49). 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 AAON correlations calculated?: We compute the correlation of daily returns between AAON 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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