Marex Group Limited Ordinary Shares (MRX) — Stock Correlations & Overview
Over the past year, MRX has moved most closely with SNEX, VIRT, BGC. Explore the stocks most correlated and inversely correlated with MRX below, along with its price, financials, and company profile.
Stocks correlated with MRX
Correlation of daily returns. Higher positive values move with MRX; negative values move opposite it. Informational only, not investment advice.
Most correlated with MRX
| Symbol | Company | Correlation |
|---|---|---|
| SNEX | StoneX Group Inc. Common StockSECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES | 0.61 |
| VIRT | Virtu Financial, Inc. Class ASECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.50 |
| BGC | BGC Group, Inc. Class A Common StockSECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES | 0.43 |
| RMCF | Rocky Mountain Chocolate Factory, Inc. Common StockSUGAR & CONFECTIONERY PRODUCTS | 0.42 |
| PFI | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Financial Momentum ETF | 0.41 |
Most inversely correlated with MRX
| Symbol | Company | Correlation |
|---|---|---|
| SBB | ProShares Short SmallCap600 | -0.31 |
| SDD | ProShares UltraShort SmallCap600 | -0.30 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.30 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.29 |
| SMDD | ProShares UltraPro Short MidCap400 | -0.29 |
Frequently asked questions about MRX correlations
- Which stocks are most correlated with MRX?
- Based on one year of daily returns, the stocks most correlated with Marex Group Limited Ordinary Shares (MRX) are SNEX (0.61), VIRT (0.50) and BGC (0.43). 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 MRX?
- Over the past year, the stocks most inversely correlated with Marex Group Limited Ordinary Shares (MRX) are SBB (-0.31), SDD (-0.30) and SKRE (-0.30). 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 MRX correlations calculated?
- We compute the correlation of daily returns between MRX 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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