Which stocks are most correlated with PKOH?

Based on one year of daily returns, the stocks most correlated with Park-Ohio Holdings Corp (PKOH) are MLR (0.54), DGRS (0.53) and XJR (0.53). 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 PKOH?

Over the past year, the stocks most inversely correlated with Park-Ohio Holdings Corp (PKOH) are SDD (-0.51), SBB (-0.50) and SMDD (-0.47). A negative correlation means the two stocks have tended to move in opposite directions.

Park-Ohio Holdings Corp (PKOH) — Stock Correlations & Overview

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

Stocks correlated with PKOH

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

Most correlated with PKOH

Symbol	Company	Correlation
MLR	Miller Industries, Inc.TRUCK & BUS BODIES	0.54
DGRS	WisdomTree Trust WisdomTree U.S. SmallCap Quality Dividend Growth Fund	0.53
XJR	iShares ESG Select Screened S&P Small-Cap ETF	0.53
PSCI	Invesco S&P SmallCap Industrials ETFINVESTMENT ADVICE	0.53
AVNT	Avient CorporationPLASTIC MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS	0.53

Most inversely correlated with PKOH

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.51
SBB	ProShares Short SmallCap600	-0.50
SMDD	ProShares UltraPro Short MidCap400	-0.47
MYY	ProShares Short MidCap400	-0.47
MZZ	ProShares UltraShort MidCap400	-0.47

Frequently asked questions about PKOH correlations

Which stocks are most correlated with PKOH?: Based on one year of daily returns, the stocks most correlated with Park-Ohio Holdings Corp (PKOH) are MLR (0.54), DGRS (0.53) and XJR (0.53). 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 PKOH?: Over the past year, the stocks most inversely correlated with Park-Ohio Holdings Corp (PKOH) are SDD (-0.51), SBB (-0.50) and SMDD (-0.47). 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 PKOH correlations calculated?: We compute the correlation of daily returns between PKOH 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.