Which stocks are most correlated with MTUS?

Based on one year of daily returns, the stocks most correlated with Metallus Inc. (MTUS) are RS (0.66), CMC (0.62) and STLD (0.58). 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 MTUS?

Over the past year, the stocks most inversely correlated with Metallus Inc. (MTUS) are SBB (-0.52), SDD (-0.52) and MYY (-0.51). A negative correlation means the two stocks have tended to move in opposite directions.

Metallus Inc. (MTUS) — Stock Correlations & Overview

Over the past year, MTUS has moved most closely with RS, CMC, STLD. Explore the stocks most correlated and inversely correlated with MTUS below, along with its price, financials, and company profile.

Stocks correlated with MTUS

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

Most correlated with MTUS

Symbol	Company	Correlation
RS	Reliance, Inc.WHOLESALE-METALS SERVICE CENTERS & OFFICES	0.66
CMC	Commercial Metals CompanySTEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)	0.62
STLD	Steel Dynamics IncSTEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)	0.58
NUE	Nucor CorporationSTEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)	0.57
TCV	Towle Value ETF	0.56

Most inversely correlated with MTUS

Symbol	Company	Correlation
SBB	ProShares Short SmallCap600	-0.52
SDD	ProShares UltraShort SmallCap600	-0.52
MYY	ProShares Short MidCap400	-0.51
SMDD	ProShares UltraPro Short MidCap400	-0.50
MZZ	ProShares UltraShort MidCap400	-0.50

Frequently asked questions about MTUS correlations

Which stocks are most correlated with MTUS?: Based on one year of daily returns, the stocks most correlated with Metallus Inc. (MTUS) are RS (0.66), CMC (0.62) and STLD (0.58). 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 MTUS?: Over the past year, the stocks most inversely correlated with Metallus Inc. (MTUS) are SBB (-0.52), SDD (-0.52) and MYY (-0.51). 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 MTUS correlations calculated?: We compute the correlation of daily returns between MTUS 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.

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