Which stocks are most correlated with BCC?

Based on one year of daily returns, the stocks most correlated with Boise Cascade Company (BCC) are UFPI (0.83), BLDR (0.80) and NAIL (0.79). 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 BCC?

Over the past year, the stocks most inversely correlated with Boise Cascade Company (BCC) are EMTY (-0.58), SBB (-0.58) and SMN (-0.57). A negative correlation means the two stocks have tended to move in opposite directions.

Boise Cascade Company (BCC) — Stock Correlations & Overview

Over the past year, BCC has moved most closely with UFPI, BLDR, NAIL. Explore the stocks most correlated and inversely correlated with BCC below, along with its price, financials, and company profile.

Stocks correlated with BCC

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

Most correlated with BCC

Symbol	Company	Correlation
UFPI	UFP Industries, Inc. Common StockSAWMILLS & PLANTING MILLS, GENERAL	0.83
BLDR	Builders FirstSource, Inc.RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS	0.80
NAIL	Direxion Daily Homebuilders & Supplies Bull 3X ETF	0.79
ITB	iShares U.S. Home Construction ETF	0.79
XHB	State Street SPDR S&P Homebuilders ETF	0.79

Most inversely correlated with BCC

Symbol	Company	Correlation
EMTY	ProShares Decline of the Retail Store ETF	-0.58
SBB	ProShares Short SmallCap600	-0.58
SMN	ProShares UltraShort Materials	-0.57
SDD	ProShares UltraShort SmallCap600	-0.57
SMDD	ProShares UltraPro Short MidCap400	-0.55

Frequently asked questions about BCC correlations

Which stocks are most correlated with BCC?: Based on one year of daily returns, the stocks most correlated with Boise Cascade Company (BCC) are UFPI (0.83), BLDR (0.80) and NAIL (0.79). 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 BCC?: Over the past year, the stocks most inversely correlated with Boise Cascade Company (BCC) are EMTY (-0.58), SBB (-0.58) and SMN (-0.57). 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 BCC correlations calculated?: We compute the correlation of daily returns between BCC 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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