Mannatech Inc. (MTEX) — Stock Correlations & Overview
Over the past year, MTEX has moved most closely with PRIFpK, SPHL, TOMZ. Explore the stocks most correlated and inversely correlated with MTEX below, along with its price, financials, and company profile.
Stocks correlated with MTEX
Correlation of daily returns. Higher positive values move with MTEX; negative values move opposite it. Informational only, not investment advice.
Most correlated with MTEX
| Symbol | Company | Correlation |
|---|---|---|
| PRIFpK | Priority Income Fund, Inc. 7.000% Series K Cumulative Preferred Stock | 0.26 |
| SPHL | Springview Holdings Ltd Class A Ordinary Shares | 0.25 |
| TOMZ | TOMI Environmental Solutions, Inc.INDUSTRIAL ORGANIC CHEMICALS | 0.22 |
| DTF | DTF Tax-Free Income 2028 Term Fund Inc. | 0.22 |
| FGI | FGI Industries Ltd. Ordinary SharesHEATING EQUIP, EXCEPT ELEC & WARM AIR; & PLUMBING FIXTURES | 0.22 |
Most inversely correlated with MTEX
| Symbol | Company | Correlation |
|---|---|---|
| METCZ | Ramaco Resources, Inc. 8.375% Senior Notes due 2029BITUMINOUS COAL & LIGNITE MINING | -0.25 |
| COMB | GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | -0.21 |
| CURX | Curanex Pharmaceuticals Inc Common StockPHARMACEUTICAL PREPARATIONS | -0.21 |
| KGEI | Kolibri Global Energy Inc. Common Stock | -0.20 |
| CERY | State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | -0.20 |
Frequently asked questions about MTEX correlations
- Which stocks are most correlated with MTEX?
- Based on one year of daily returns, the stocks most correlated with Mannatech Inc. (MTEX) are PRIFpK (0.26), SPHL (0.25) and TOMZ (0.22). 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 MTEX?
- Over the past year, the stocks most inversely correlated with Mannatech Inc. (MTEX) are METCZ (-0.25), COMB (-0.21) and CURX (-0.21). 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 MTEX correlations calculated?
- We compute the correlation of daily returns between MTEX 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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