Which stocks are most correlated with MPTI?

Based on one year of daily returns, the stocks most correlated with M-tron Industries, Inc. (MPTI) are PSCT (0.47), KN (0.47) and MOG.A (0.46). 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 MPTI?

Over the past year, the stocks most inversely correlated with M-tron Industries, Inc. (MPTI) are HIBS (-0.43), SRTY (-0.41) and RWM (-0.41). A negative correlation means the two stocks have tended to move in opposite directions.

M-tron Industries, Inc. (MPTI) — Stock Correlations & Overview

Over the past year, MPTI has moved most closely with PSCT, KN, MOG.A. Explore the stocks most correlated and inversely correlated with MPTI below, along with its price, financials, and company profile.

Stocks correlated with MPTI

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

Most correlated with MPTI

Symbol	Company	Correlation
PSCT	Invesco S&P SmallCap Information Technology ETFINVESTMENT ADVICE	0.47
KN	KNOWLES CORPORATIONHOUSEHOLD AUDIO & VIDEO EQUIPMENT	0.47
MOG.A	Moog Inc.MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT	0.46
RMT	Royce Micro-Cap Trust Inc	0.46
MAKX	ProShares S&P Kensho Smart Factories ETF	0.46

Most inversely correlated with MPTI

Symbol	Company	Correlation
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.43
SRTY	ProShares UltraPro Short Russell2000	-0.41
RWM	ProShares Short Russell2000	-0.41
TECS	Direxion Daily Technology Bear 3x ETF	-0.41
TWM	ProShares UltraShort Russell2000	-0.41

Frequently asked questions about MPTI correlations

Which stocks are most correlated with MPTI?: Based on one year of daily returns, the stocks most correlated with M-tron Industries, Inc. (MPTI) are PSCT (0.47), KN (0.47) and MOG.A (0.46). 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 MPTI?: Over the past year, the stocks most inversely correlated with M-tron Industries, Inc. (MPTI) are HIBS (-0.43), SRTY (-0.41) and RWM (-0.41). 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 MPTI correlations calculated?: We compute the correlation of daily returns between MPTI 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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