The Marzetti Company Common Stock (MZTI) — Stock Correlations & Overview
Over the past year, MZTI has moved most closely with PSCC, SYK, JJSF. Explore the stocks most correlated and inversely correlated with MZTI below, along with its price, financials, and company profile.
Stocks correlated with MZTI
Correlation of daily returns. Higher positive values move with MZTI; negative values move opposite it. Informational only, not investment advice.
Most correlated with MZTI
| Symbol | Company | Correlation |
|---|---|---|
| PSCC | Invesco S&P SmallCap Consumer Staples ETFINVESTMENT ADVICE | 0.51 |
| SYK | Stryker CorporationSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | 0.47 |
| JJSF | J&J Snack Foods CorpCOOKIES & CRACKERS | 0.46 |
| SIXL | ETC 6 Meridian Low Beta Equity ETF | 0.42 |
| SELV | SEI QiM U.S. Large Cap Low Volatility Active ETF | 0.41 |
Most inversely correlated with MZTI
| Symbol | Company | Correlation |
|---|---|---|
| SZK | ProShares UltraShort Consumer Staples | -0.37 |
| RXD | ProShares UltraShort Health Care | -0.35 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.34 |
| NVT | nVent Electric plc Ordinary SharesSPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) | -0.29 |
| FCUS | Pinnacle Focused Opportunities ETF | -0.28 |
Frequently asked questions about MZTI correlations
- Which stocks are most correlated with MZTI?
- Based on one year of daily returns, the stocks most correlated with The Marzetti Company Common Stock (MZTI) are PSCC (0.51), SYK (0.47) and JJSF (0.46). 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 MZTI?
- Over the past year, the stocks most inversely correlated with The Marzetti Company Common Stock (MZTI) are SZK (-0.37), RXD (-0.35) and EMTY (-0.34). 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 MZTI correlations calculated?
- We compute the correlation of daily returns between MZTI 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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