Which stocks are most correlated with CMT?

Based on one year of daily returns, the stocks most correlated with Core Molding Technologies, Inc. (CMT) are TG (0.40), FDM (0.39) and BFST (0.38). 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 CMT?

Over the past year, the stocks most inversely correlated with Core Molding Technologies, Inc. (CMT) are SDD (-0.31), SKRE (-0.30) and SBB (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.

Core Molding Technologies, Inc. (CMT) — Stock Correlations & Overview

Over the past year, CMT has moved most closely with TG, FDM, BFST. Explore the stocks most correlated and inversely correlated with CMT below, along with its price, financials, and company profile.

Stocks correlated with CMT

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

Most correlated with CMT

Symbol	Company	Correlation
TG	Tredegar CorporationROLLING DRAWING & EXTRUDING OF NONFERROUS METALS	0.40
FDM	First Trust Dow Jones Select MicroCap Index Fund	0.39
BFST	Business First Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS	0.38
FCBC	First Community Bankshares, Inc. (VA)STATE COMMERCIAL BANKS	0.37
SMBK	SmartFinancial, Inc.NATIONAL COMMERCIAL BANKS	0.37

Most inversely correlated with CMT

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.31
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.30
SBB	ProShares Short SmallCap600	-0.29
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.26
SMDD	ProShares UltraPro Short MidCap400	-0.26

Frequently asked questions about CMT correlations

Which stocks are most correlated with CMT?: Based on one year of daily returns, the stocks most correlated with Core Molding Technologies, Inc. (CMT) are TG (0.40), FDM (0.39) and BFST (0.38). 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 CMT?: Over the past year, the stocks most inversely correlated with Core Molding Technologies, Inc. (CMT) are SDD (-0.31), SKRE (-0.30) and SBB (-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 CMT correlations calculated?: We compute the correlation of daily returns between CMT 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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