Artivion, Inc. (AORT) — Stock Correlations & Overview
Over the past year, AORT has moved most closely with NNI, MTD, FWRD. Explore the stocks most correlated and inversely correlated with AORT below, along with its price, financials, and company profile.
Stocks correlated with AORT
Correlation of daily returns. Higher positive values move with AORT; negative values move opposite it. Informational only, not investment advice.
Most correlated with AORT
| Symbol | Company | Correlation |
|---|---|---|
| NNI | Nelnet, Inc. Class APERSONAL CREDIT INSTITUTIONS | 0.52 |
| MTD | Mettler-Toledo InternationalLABORATORY ANALYTICAL INSTRUMENTS | 0.52 |
| FWRD | Forward Air CorpARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO | 0.47 |
| XHE | State Street SPDR S&P Health Care Equipment ETF | 0.44 |
| IHI | iShares U.S. Medical Devices ETF | 0.43 |
Most inversely correlated with AORT
| Symbol | Company | Correlation |
|---|---|---|
| INOD | Innodata Inc.SERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.42 |
| AKAM | Akamai Technologies IncSERVICES-BUSINESS SERVICES, NEC | -0.38 |
| WEST | Westrock Coffee Company Common StockBEVERAGES | -0.29 |
| MNST | Monster Beverage CorporationBOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS | -0.27 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.27 |
Frequently asked questions about AORT correlations
- Which stocks are most correlated with AORT?
- Based on one year of daily returns, the stocks most correlated with Artivion, Inc. (AORT) are NNI (0.52), MTD (0.52) and FWRD (0.47). 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 AORT?
- Over the past year, the stocks most inversely correlated with Artivion, Inc. (AORT) are INOD (-0.42), AKAM (-0.38) and WEST (-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 AORT correlations calculated?
- We compute the correlation of daily returns between AORT 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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