Natural Health Trends Corp. (NHTC) — Stock Correlations & Overview
Over the past year, NHTC has moved most closely with ACVA, TREX, FTDR. Explore the stocks most correlated and inversely correlated with NHTC below, along with its price, financials, and company profile.
Stocks correlated with NHTC
Correlation of daily returns. Higher positive values move with NHTC; negative values move opposite it. Informational only, not investment advice.
Most correlated with NHTC
| Symbol | Company | Correlation |
|---|---|---|
| ACVA | ACV Auctions Inc.SERVICES-BUSINESS SERVICES, NEC | 0.38 |
| TREX | Trex Company, Inc.LUMBER & WOOD PRODUCTS (NO FURNITURE) | 0.35 |
| FTDR | Frontdoor, Inc. Common StockSERVICES-TO DWELLINGS & OTHER BUILDINGS | 0.32 |
| HNST | The Honest Company, Inc. Common StockRETAIL-CATALOG & MAIL-ORDER HOUSES | 0.32 |
| SNN | Smith & Nephew plc | 0.31 |
Most inversely correlated with NHTC
| Symbol | Company | Correlation |
|---|---|---|
| MTC | MMTec, Inc. Common Shares | -0.30 |
| NGL | NGL ENERGY PARTNERS LPNATURAL GAS TRANSMISSION | -0.29 |
| NGLpC | NGL Energy Partners LP 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interestsNATURAL GAS TRANSMISSION | -0.27 |
| RIGL | Rigel Pharmaceuticals Inc. (New)PHARMACEUTICAL PREPARATIONS | -0.23 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.21 |
Frequently asked questions about NHTC correlations
- Which stocks are most correlated with NHTC?
- Based on one year of daily returns, the stocks most correlated with Natural Health Trends Corp. (NHTC) are ACVA (0.38), TREX (0.35) and FTDR (0.32). 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 NHTC?
- Over the past year, the stocks most inversely correlated with Natural Health Trends Corp. (NHTC) are MTC (-0.30), NGL (-0.29) and NGLpC (-0.27). 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 NHTC correlations calculated?
- We compute the correlation of daily returns between NHTC 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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