MEDIROM Healthcare Technologies Inc. American Depositary Share (MRM) — Stock Correlations & Overview
Over the past year, MRM has moved most closely with HOUR, SURI, MTEK. Explore the stocks most correlated and inversely correlated with MRM below, along with its price, financials, and company profile.
Stocks correlated with MRM
Correlation of daily returns. Higher positive values move with MRM; negative values move opposite it. Informational only, not investment advice.
Most correlated with MRM
| Symbol | Company | Correlation |
|---|---|---|
| HOUR | Hour Loop, Inc. Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.31 |
| SURI | Simplify Propel Opportunities ETF | 0.29 |
| MTEK | Maris-Tech Ltd. Ordinary Shares | 0.29 |
| LRE | Lead Real Estate Co., Ltd American Depositary Shares | 0.25 |
| VRNS | Varonis Systems, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.25 |
Most inversely correlated with MRM
| Symbol | Company | Correlation |
|---|---|---|
| GAMpB | General American Investors Company, Inc 5.95% Cumul Pfd Stock, Ser B | -0.30 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.28 |
| WOLF | Wolfspeed, Inc.SEMICONDUCTORS & RELATED DEVICES | -0.27 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.26 |
| LGCY | Legacy Education Inc.SERVICES-EDUCATIONAL SERVICES | -0.26 |
Frequently asked questions about MRM correlations
- Which stocks are most correlated with MRM?
- Based on one year of daily returns, the stocks most correlated with MEDIROM Healthcare Technologies Inc. American Depositary Share (MRM) are HOUR (0.31), SURI (0.29) and MTEK (0.29). 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 MRM?
- Over the past year, the stocks most inversely correlated with MEDIROM Healthcare Technologies Inc. American Depositary Share (MRM) are GAMpB (-0.30), RGTZ (-0.28) and WOLF (-0.27). 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 MRM correlations calculated?
- We compute the correlation of daily returns between MRM 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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