BlackRock Virginia Muni Bond Trust (BHV) — Stock Correlations & Overview
Over the past year, BHV has moved most closely with NPV, HURC, BLDG. Explore the stocks most correlated and inversely correlated with BHV below, along with its price, financials, and company profile.
Stocks correlated with BHV
Correlation of daily returns. Higher positive values move with BHV; negative values move opposite it. Informational only, not investment advice.
Most correlated with BHV
| Symbol | Company | Correlation |
|---|---|---|
| NPV | Nuveen Virginia Quality Municipal Income Fund | 0.28 |
| HURC | Hurco Cos IncINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.25 |
| BLDG | Cambria Global Real Estate ETF | 0.25 |
| NXRT | NexPoint Residential Trust IncREAL ESTATE INVESTMENT TRUSTS | 0.25 |
| NUV | Nuveen Municipal Value Fund, Inc. | 0.23 |
Most inversely correlated with BHV
| Symbol | Company | Correlation |
|---|---|---|
| EHGO | Eshallgo Inc. Class A Ordinary Shares | -0.23 |
| GGLS | Direxion Shares ETF Trust Direxion Daily GOOGL Bear 1X ETF | -0.21 |
| NYXH | Nyxoah SA Ordinary Shares | -0.21 |
| LZMH | LZ Technology Holdings Limited Class B Ordinary Shares | -0.19 |
| TGS | Transportadora de Gas del Sur S.A. ADS | -0.18 |
Frequently asked questions about BHV correlations
- Which stocks are most correlated with BHV?
- Based on one year of daily returns, the stocks most correlated with BlackRock Virginia Muni Bond Trust (BHV) are NPV (0.28), HURC (0.25) and BLDG (0.25). 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 BHV?
- Over the past year, the stocks most inversely correlated with BlackRock Virginia Muni Bond Trust (BHV) are EHGO (-0.23), GGLS (-0.21) and NYXH (-0.21). 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 BHV correlations calculated?
- We compute the correlation of daily returns between BHV 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.