Beasley Broadcasting Group Inc (BBGI) — Stock Correlations & Overview
Over the past year, BBGI has moved most closely with AHT, PLAB, IGC. Explore the stocks most correlated and inversely correlated with BBGI below, along with its price, financials, and company profile.
Stocks correlated with BBGI
Correlation of daily returns. Higher positive values move with BBGI; negative values move opposite it. Informational only, not investment advice.
Most correlated with BBGI
| Symbol | Company | Correlation |
|---|---|---|
| AHT | Ashford Hospitality Trust, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.46 |
| PLAB | Photronics IncSEMICONDUCTORS & RELATED DEVICES | 0.35 |
| IGC | IGC Pharma, Inc.PHARMACEUTICAL PREPARATIONS | 0.35 |
| RZLT | Rezolute, Inc. Common Stock (NV)PHARMACEUTICAL PREPARATIONS | 0.35 |
| ENVB | Enveric Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.34 |
Most inversely correlated with BBGI
| Symbol | Company | Correlation |
|---|---|---|
| ATPC | Agape ATP Corporation Common StockSERVICES-HEALTH SERVICES | -0.61 |
| WOK | WORK Medical Technology Group LTD Class A Ordinary Shares | -0.45 |
| POM | POMDOCTOR LIMITED American Depositary Shares | -0.42 |
| CHOW | ChowChow Cloud International Holdings Limited | -0.36 |
| LAKE | Lakeland Industries IncORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | -0.35 |
Frequently asked questions about BBGI correlations
- Which stocks are most correlated with BBGI?
- Based on one year of daily returns, the stocks most correlated with Beasley Broadcasting Group Inc (BBGI) are AHT (0.46), PLAB (0.35) and IGC (0.35). 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 BBGI?
- Over the past year, the stocks most inversely correlated with Beasley Broadcasting Group Inc (BBGI) are ATPC (-0.61), WOK (-0.45) and POM (-0.42). 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 BBGI correlations calculated?
- We compute the correlation of daily returns between BBGI 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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