Mingteng International Corporation Inc. Class A Ordinary Shares (MTEN) — Stock Correlations & Overview

Over the past year, MTEN has moved most closely with SXTC, AQST, PASW. Explore the stocks most correlated and inversely correlated with MTEN below, along with its price, financials, and company profile.

Stocks correlated with MTEN

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

Most correlated with MTEN

SymbolCompanyCorrelation
SXTCChina SXT Pharmaceuticals, Inc. Class A Ordinary Shares0.49
AQSTAquestive Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS0.47
PASWPing An Biomedical Co., Ltd. Class A Ordinary Shares0.45
BBNXBeta Bionics, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS0.39
ACONAclarion, Inc. Common StockSERVICES-MEDICAL LABORATORIES0.28

Most inversely correlated with MTEN

SymbolCompanyCorrelation
ANPARich Sparkle Holdings Limited Ordinary Shares-0.37
MOAltria Group, Inc.CIGARETTES-0.23
WYWeyerhaeuser CompanyREAL ESTATE INVESTMENT TRUSTS-0.22
LABStandard BioTools Inc. Common StockPHARMACEUTICAL PREPARATIONS-0.22
NRPNatural Resource Partners L.P.BITUMINOUS COAL & LIGNITE SURFACE MINING-0.20

Frequently asked questions about MTEN correlations

Which stocks are most correlated with MTEN?
Based on one year of daily returns, the stocks most correlated with Mingteng International Corporation Inc. Class A Ordinary Shares (MTEN) are SXTC (0.49), AQST (0.47) and PASW (0.45). 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 MTEN?
Over the past year, the stocks most inversely correlated with Mingteng International Corporation Inc. Class A Ordinary Shares (MTEN) are ANPA (-0.37), MO (-0.23) and WY (-0.22). 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 MTEN correlations calculated?
We compute the correlation of daily returns between MTEN 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.
Trading View Logo

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.