BCB Bancorp Inc (NJ) (BCBP) — Stock Correlations & Overview
Over the past year, BCBP has moved most closely with SMLV, HBCP, QABA. Explore the stocks most correlated and inversely correlated with BCBP below, along with its price, financials, and company profile.
Stocks correlated with BCBP
Correlation of daily returns. Higher positive values move with BCBP; negative values move opposite it. Informational only, not investment advice.
Most correlated with BCBP
| Symbol | Company | Correlation |
|---|---|---|
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 0.56 |
| HBCP | Home Bancorp, Inc.SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | 0.55 |
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.55 |
| WABC | Westamerica BancorporationNATIONAL COMMERCIAL BANKS | 0.55 |
| PGC | Peapack-Gladstone Financial CorpCOMMERCIAL BANKS, NEC | 0.54 |
Frequently asked questions about BCBP correlations
- Which stocks are most correlated with BCBP?
- Based on one year of daily returns, the stocks most correlated with BCB Bancorp Inc (NJ) (BCBP) are SMLV (0.56), HBCP (0.55) and QABA (0.55). 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 BCBP?
- Over the past year, the stocks most inversely correlated with BCB Bancorp Inc (NJ) (BCBP) are SKRE (-0.52), SDD (-0.41) and HDGE (-0.40). 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 BCBP correlations calculated?
- We compute the correlation of daily returns between BCBP 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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