Mission Produce, Inc. Common Stock (AVO) — Stock Correlations & Overview
Over the past year, AVO has moved most closely with LMNR, PBJ, HSMV. Explore the stocks most correlated and inversely correlated with AVO below, along with its price, financials, and company profile.
Stocks correlated with AVO
Correlation of daily returns. Higher positive values move with AVO; negative values move opposite it. Informational only, not investment advice.
Most correlated with AVO
| Symbol | Company | Correlation |
|---|---|---|
| LMNR | Limoneira Co | 0.39 |
| PBJ | Invesco Food & Beverage ETF | 0.35 |
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | 0.35 |
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETFINVESTMENT ADVICE | 0.34 |
| PSCC | Invesco S&P SmallCap Consumer Staples ETFINVESTMENT ADVICE | 0.34 |
Most inversely correlated with AVO
| Symbol | Company | Correlation |
|---|---|---|
| SZK | ProShares UltraShort Consumer Staples | -0.29 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.28 |
| NBIL | GraniteShares 2x Long NBIS Daily ETF | -0.26 |
| ORCL | Oracle CorpSERVICES-PREPACKAGED SOFTWARE | -0.24 |
| JLHL | Julong Holding Limited Class A Ordinary Shares | -0.24 |
Frequently asked questions about AVO correlations
- Which stocks are most correlated with AVO?
- Based on one year of daily returns, the stocks most correlated with Mission Produce, Inc. Common Stock (AVO) are LMNR (0.39), PBJ (0.35) and HSMV (0.35). 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 AVO?
- Over the past year, the stocks most inversely correlated with Mission Produce, Inc. Common Stock (AVO) are SZK (-0.29), EMTY (-0.28) and NBIL (-0.26). 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 AVO correlations calculated?
- We compute the correlation of daily returns between AVO 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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