Bluerock Homes Trust, Inc. (BHM) — Stock Correlations & Overview
Over the past year, BHM has moved most closely with OLB, MGLD, ZIM. Explore the stocks most correlated and inversely correlated with BHM below, along with its price, financials, and company profile.
Stocks correlated with BHM
Correlation of daily returns. Higher positive values move with BHM; negative values move opposite it. Informational only, not investment advice.
Most correlated with BHM
| Symbol | Company | Correlation |
|---|---|---|
| OLB | The OLB Group, Inc. Common StockSERVICES-BUSINESS SERVICES, NEC | 0.27 |
| MGLD | The Marygold Companies, Inc.FINANCE SERVICES | 0.26 |
| ZIM | ZIM Integrated Shipping Services Ltd. | 0.23 |
| BFRI | Biofrontera Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.20 |
| WSBCO | WesBanco, Inc. Depositary Shares each representing 1/40th interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series BNATIONAL COMMERCIAL BANKS | 0.20 |
Most inversely correlated with BHM
| Symbol | Company | Correlation |
|---|---|---|
| NAII | Natural Alternatives International Inc.MEDICINAL CHEMICALS & BOTANICAL PRODUCTS | -0.24 |
| FELE | Franklin Electric Co IncMOTORS & GENERATORS | -0.23 |
| CRF | Cornerstone Total Return Fund, Inc | -0.20 |
| GCBC | Greene County Bancorp IncSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | -0.20 |
| HWBK | Hawthorn Bancshars Inc.NATIONAL COMMERCIAL BANKS | -0.19 |
Frequently asked questions about BHM correlations
- Which stocks are most correlated with BHM?
- Based on one year of daily returns, the stocks most correlated with Bluerock Homes Trust, Inc. (BHM) are OLB (0.27), MGLD (0.26) and ZIM (0.23). 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 BHM?
- Over the past year, the stocks most inversely correlated with Bluerock Homes Trust, Inc. (BHM) are NAII (-0.24), FELE (-0.23) and CRF (-0.20). 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 BHM correlations calculated?
- We compute the correlation of daily returns between BHM 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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