Which stocks are most correlated with MYE?

Based on one year of daily returns, the stocks most correlated with Myers Industries, Inc. (MYE) are PSCI (0.58), ALIL (0.57) and XJR (0.56). 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 MYE?

Over the past year, the stocks most inversely correlated with Myers Industries, Inc. (MYE) are SDD (-0.56), SBB (-0.55) and SMDD (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.

Myers Industries, Inc. (MYE) — Stock Correlations & Overview

Over the past year, MYE has moved most closely with PSCI, ALIL, XJR. Explore the stocks most correlated and inversely correlated with MYE below, along with its price, financials, and company profile.

Stocks correlated with MYE

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

Most correlated with MYE

Symbol	Company	Correlation
PSCI	Invesco S&P SmallCap Industrials ETFINVESTMENT ADVICE	0.58
ALIL	Argent Focused Small Cap ETF	0.57
XJR	iShares ESG Select Screened S&P Small-Cap ETF	0.56
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETFINVESTMENT ADVICE	0.56
SAA	ProShares Ulta SmallCap600	0.56

Most inversely correlated with MYE

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.56
SBB	ProShares Short SmallCap600	-0.55
SMDD	ProShares UltraPro Short MidCap400	-0.52
MYY	ProShares Short MidCap400	-0.52
MZZ	ProShares UltraShort MidCap400	-0.51

Frequently asked questions about MYE correlations

Which stocks are most correlated with MYE?: Based on one year of daily returns, the stocks most correlated with Myers Industries, Inc. (MYE) are PSCI (0.58), ALIL (0.57) and XJR (0.56). 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 MYE?: Over the past year, the stocks most inversely correlated with Myers Industries, Inc. (MYE) are SDD (-0.56), SBB (-0.55) and SMDD (-0.52). 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 MYE correlations calculated?: We compute the correlation of daily returns between MYE 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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