Mammoth Energy Services, Inc. Common Stock (TUSK) — Stock Correlations & Overview
Over the past year, TUSK has moved most closely with NVIR, PSCE, XES. Explore the stocks most correlated and inversely correlated with TUSK below, along with its price, financials, and company profile.
Stocks correlated with TUSK
Correlation of daily returns. Higher positive values move with TUSK; negative values move opposite it. Informational only, not investment advice.
Most correlated with TUSK
| Symbol | Company | Correlation |
|---|---|---|
| NVIR | Horizon Kinetics Energy and Remediation ETF | 0.39 |
| PSCE | Invesco S&P SmallCap Energy ETFINVESTMENT ADVICE | 0.37 |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 0.37 |
| OIH | VanEck Oil Services ETF | 0.35 |
| NRGV | Energy Vault Holdings, Inc.MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES | 0.34 |
Frequently asked questions about TUSK correlations
- Which stocks are most correlated with TUSK?
- Based on one year of daily returns, the stocks most correlated with Mammoth Energy Services, Inc. Common Stock (TUSK) are NVIR (0.39), PSCE (0.37) and XES (0.37). 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 TUSK?
- Over the past year, the stocks most inversely correlated with Mammoth Energy Services, Inc. Common Stock (TUSK) are RWM (-0.26), TZA (-0.26) and TWM (-0.26). 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 TUSK correlations calculated?
- We compute the correlation of daily returns between TUSK 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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