Barclays PLC (BCS) — Stock Correlations & Overview
Over the past year, BCS has moved most closely with LYG, EUFN, GSIB. Explore the stocks most correlated and inversely correlated with BCS below, along with its price, financials, and company profile.
Stocks correlated with BCS
Correlation of daily returns. Higher positive values move with BCS; negative values move opposite it. Informational only, not investment advice.
Most correlated with BCS
| Symbol | Company | Correlation |
|---|---|---|
| LYG | Lloyds Banking Group PLC | 0.86 |
| EUFN | iShares MSCI Europe Financials ETF | 0.85 |
| GSIB | Themes Global Systemically Important Banks ETF | 0.84 |
| NWG | NatWest Group plc American Depositary Shares, (each representing two (2) Ordinary Shares) | 0.80 |
| IDMO | Invesco S&P International Developed Momentum ETFINVESTMENT ADVICE | 0.80 |
Most inversely correlated with BCS
| Symbol | Company | Correlation |
|---|---|---|
| EPV | ProShares UltraShort FTSE Europe | -0.76 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.73 |
| EFZ | ProShares Trust Short MSCI EAFE | -0.71 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.66 |
| SDOW | ProShares UltraPro Short Dow 30 | -0.65 |
Frequently asked questions about BCS correlations
- Which stocks are most correlated with BCS?
- Based on one year of daily returns, the stocks most correlated with Barclays PLC (BCS) are LYG (0.86), EUFN (0.85) and GSIB (0.84). 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 BCS?
- Over the past year, the stocks most inversely correlated with Barclays PLC (BCS) are EPV (-0.76), EFU (-0.73) and EFZ (-0.71). 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 BCS correlations calculated?
- We compute the correlation of daily returns between BCS 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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