Which stocks are most correlated with BAER?

Based on one year of daily returns, the stocks most correlated with Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) are IWC (0.38), ROKT (0.37) and KSEP (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 BAER?

Over the past year, the stocks most inversely correlated with Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) are TWM (-0.34), SRTY (-0.34) and RWM (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) — Stock Correlations & Overview

Over the past year, BAER has moved most closely with IWC, ROKT, KSEP. Explore the stocks most correlated and inversely correlated with BAER below, along with its price, financials, and company profile.

Stocks correlated with BAER

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

Most correlated with BAER

Symbol	Company	Correlation
IWC	iShares Micro-Cap ETF	0.38
ROKT	State Street SPDR S&P Kensho Final Frontiers ETF	0.37
KSEP	Innovator U.S. Small Cap Power Buffer ETF - September	0.37
XAR	State Street SPDR S&P Aerospace & Defense ETF	0.37
ARDX	Ardelyx, Inc.PHARMACEUTICAL PREPARATIONS	0.37

Most inversely correlated with BAER

Symbol	Company	Correlation
TWM	ProShares UltraShort Russell2000	-0.34
SRTY	ProShares UltraPro Short Russell2000	-0.34
RWM	ProShares Short Russell2000	-0.34
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.34
EPV	ProShares UltraShort FTSE Europe	-0.32

Frequently asked questions about BAER correlations

Which stocks are most correlated with BAER?: Based on one year of daily returns, the stocks most correlated with Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) are IWC (0.38), ROKT (0.37) and KSEP (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 BAER?: Over the past year, the stocks most inversely correlated with Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) are TWM (-0.34), SRTY (-0.34) and RWM (-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 BAER correlations calculated?: We compute the correlation of daily returns between BAER 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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