MasterCraft Boat Holdings, Inc. Common Stock (MCFT) — Stock Correlations & Overview
Over the past year, MCFT has moved most closely with BC, DGRS, XSVM. Explore the stocks most correlated and inversely correlated with MCFT below, along with its price, financials, and company profile.
Stocks correlated with MCFT
Correlation of daily returns. Higher positive values move with MCFT; negative values move opposite it. Informational only, not investment advice.
Most correlated with MCFT
| Symbol | Company | Correlation |
|---|---|---|
| BC | Brunswick CorporationENGINES & TURBINES | 0.70 |
| DGRS | WisdomTree Trust WisdomTree U.S. SmallCap Quality Dividend Growth Fund | 0.68 |
| XSVM | Invesco S&P SmallCap Value with Momentum ETF | 0.68 |
| XJR | iShares ESG Select Screened S&P Small-Cap ETF | 0.67 |
| MBUU | Malibu Boats, Inc. Class ASHIP & BOAT BUILDING & REPAIRING | 0.67 |
Frequently asked questions about MCFT correlations
- Which stocks are most correlated with MCFT?
- Based on one year of daily returns, the stocks most correlated with MasterCraft Boat Holdings, Inc. Common Stock (MCFT) are BC (0.70), DGRS (0.68) and XSVM (0.68). 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 MCFT?
- Over the past year, the stocks most inversely correlated with MasterCraft Boat Holdings, Inc. Common Stock (MCFT) are SDD (-0.64), SBB (-0.64) and SMDD (-0.58). 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 MCFT correlations calculated?
- We compute the correlation of daily returns between MCFT 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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