BayFirst Financial Corp. Common Stock (BAFN) — Stock Correlations & Overview
Over the past year, BAFN has moved most closely with DLB, SHPH, ATMU. Explore the stocks most correlated and inversely correlated with BAFN below, along with its price, financials, and company profile.
Stocks correlated with BAFN
Correlation of daily returns. Higher positive values move with BAFN; negative values move opposite it. Informational only, not investment advice.
Most correlated with BAFN
| Symbol | Company | Correlation |
|---|---|---|
| DLB | Dolby Laboratories, Inc.Class APATENT OWNERS & LESSORS | 0.32 |
| SHPH | Shuttle Pharmaceuticals Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.28 |
| ATMU | Atmus Filtration Technologies Inc.MOTOR VEHICLE PARTS & ACCESSORIES | 0.26 |
| BRLN | iShares Floating Rate Loan Active ETF | 0.24 |
| GYLD | Arrow Dow Jones Global Yield ETF | 0.24 |
Most inversely correlated with BAFN
| Symbol | Company | Correlation |
|---|---|---|
| MLTX | MoonLake Immunotherapeutics Class A Ordinary SharesPHARMACEUTICAL PREPARATIONS | -0.24 |
| KALA | KALA BIO, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.23 |
| STEX | Streamex Corp. Common StockELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS | -0.21 |
| TLIH | Ten-League International Holdings Limited Ordinary Shares | -0.20 |
| CERS | Cerus CorpSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.19 |
Frequently asked questions about BAFN correlations
- Which stocks are most correlated with BAFN?
- Based on one year of daily returns, the stocks most correlated with BayFirst Financial Corp. Common Stock (BAFN) are DLB (0.32), SHPH (0.28) and ATMU (0.26). 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 BAFN?
- Over the past year, the stocks most inversely correlated with BayFirst Financial Corp. Common Stock (BAFN) are MLTX (-0.24), KALA (-0.23) and STEX (-0.21). 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 BAFN correlations calculated?
- We compute the correlation of daily returns between BAFN 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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