McCormick & Company, Incorporated Non-VTG CS (MKC) — Stock Correlations & Overview
Over the past year, MKC has moved most closely with MKC.V, RSPS, FTXG. Explore the stocks most correlated and inversely correlated with MKC below, along with its price, financials, and company profile.
Stocks correlated with MKC
Correlation of daily returns. Higher positive values move with MKC; negative values move opposite it. Informational only, not investment advice.
Most correlated with MKC
| Symbol | Company | Correlation |
|---|---|---|
| MKC.V | McCormick & Company, Incorporated Voting CSMISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS | 0.88 |
| RSPS | Invesco S&P 500 Equal Weight Consumer Staples ETF | 0.63 |
| FTXG | First Trust Nasdaq Food & Beverage ETF | 0.61 |
| FXG | First Trust Consumer Staples AlphaDEX Fund | 0.58 |
| CAG | Conagra Brands, Inc.FOOD AND KINDRED PRODUCTS | 0.56 |
Frequently asked questions about MKC correlations
- Which stocks are most correlated with MKC?
- Based on one year of daily returns, the stocks most correlated with McCormick & Company, Incorporated Non-VTG CS (MKC) are MKC.V (0.88), RSPS (0.63) and FTXG (0.61). 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 MKC?
- Over the past year, the stocks most inversely correlated with McCormick & Company, Incorporated Non-VTG CS (MKC) are SZK (-0.55), EGGQ (-0.34) and REK (-0.34). 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 MKC correlations calculated?
- We compute the correlation of daily returns between MKC 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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