Which stocks are most correlated with MTX?

Based on one year of daily returns, the stocks most correlated with Minerals Technologies Inc (MTX) are DON (0.60), PSCM (0.59) and DGRS (0.59). 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 MTX?

Over the past year, the stocks most inversely correlated with Minerals Technologies Inc (MTX) are SBB (-0.55), SMN (-0.54) and SDD (-0.54). A negative correlation means the two stocks have tended to move in opposite directions.

Minerals Technologies Inc (MTX) — Stock Correlations & Overview

Over the past year, MTX has moved most closely with DON, PSCM, DGRS. Explore the stocks most correlated and inversely correlated with MTX below, along with its price, financials, and company profile.

Stocks correlated with MTX

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

Most correlated with MTX

Symbol	Company	Correlation
DON	WisdomTree U.S. MidCap Dividend Fund	0.60
PSCM	Invesco S&P SmallCap Materials ETFINVESTMENT ADVICE	0.59
DGRS	WisdomTree Trust WisdomTree U.S. SmallCap Quality Dividend Growth Fund	0.59
DFAT	Dimensional U.S. Targeted Value ETF	0.59
FUL	H.B. Fuller CompanyADHESIVES & SEALANTS	0.59

Most inversely correlated with MTX

Symbol	Company	Correlation
SBB	ProShares Short SmallCap600	-0.55
SMN	ProShares UltraShort Materials	-0.54
SDD	ProShares UltraShort SmallCap600	-0.54
MYY	ProShares Short MidCap400	-0.51
MZZ	ProShares UltraShort MidCap400	-0.51

Frequently asked questions about MTX correlations

Which stocks are most correlated with MTX?: Based on one year of daily returns, the stocks most correlated with Minerals Technologies Inc (MTX) are DON (0.60), PSCM (0.59) and DGRS (0.59). 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 MTX?: Over the past year, the stocks most inversely correlated with Minerals Technologies Inc (MTX) are SBB (-0.55), SMN (-0.54) and SDD (-0.54). 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 MTX correlations calculated?: We compute the correlation of daily returns between MTX 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.