TETRA Technologies, Inc. (TTI) — Stock Correlations & Overview
Over the past year, TTI has moved most closely with EOSE, XES, CTEX. Explore the stocks most correlated and inversely correlated with TTI below, along with its price, financials, and company profile.
Stocks correlated with TTI
Correlation of daily returns. Higher positive values move with TTI; negative values move opposite it. Informational only, not investment advice.
Most correlated with TTI
| Symbol | Company | Correlation |
|---|---|---|
| EOSE | Eos Energy Enterprises, Inc. Class A Common StockMISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.53 |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 0.51 |
| CTEX | ProShares S&P Kensho Cleantech ETF | 0.51 |
| CNRG | State Street SPDR S&P Kensho Clean Power ETF | 0.51 |
| PBW | Invesco WilderHill Clean Energy ETF | 0.51 |
Frequently asked questions about TTI correlations
- Which stocks are most correlated with TTI?
- Based on one year of daily returns, the stocks most correlated with TETRA Technologies, Inc. (TTI) are EOSE (0.53), XES (0.51) and CTEX (0.51). 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 TTI?
- Over the past year, the stocks most inversely correlated with TETRA Technologies, Inc. (TTI) are TZA (-0.46), TWM (-0.46) and SRTY (-0.46). 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 TTI correlations calculated?
- We compute the correlation of daily returns between TTI 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.