BKV Corporation (BKV) — Stock Correlations & Overview
Over the past year, BKV has moved most closely with FCG, CRK, GPOR. Explore the stocks most correlated and inversely correlated with BKV below, along with its price, financials, and company profile.
Stocks correlated with BKV
Correlation of daily returns. Higher positive values move with BKV; negative values move opposite it. Informational only, not investment advice.
Most correlated with BKV
| Symbol | Company | Correlation |
|---|---|---|
| FCG | First Trust Natural Gas ETF | 0.63 |
| CRK | Comstock Resources, Inc.CRUDE PETROLEUM & NATURAL GAS | 0.63 |
| GPOR | Gulfport Energy CorporationCRUDE PETROLEUM & NATURAL GAS | 0.63 |
| EQT | EQT CORPCRUDE PETROLEUM & NATURAL GAS | 0.61 |
| FXN | First Trust Energy AlphaDEX Fund | 0.61 |
Most inversely correlated with BKV
| Symbol | Company | Correlation |
|---|---|---|
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.58 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.54 |
| DUG | ProShares UltraShort Energy | -0.52 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.52 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.51 |
Frequently asked questions about BKV correlations
- Which stocks are most correlated with BKV?
- Based on one year of daily returns, the stocks most correlated with BKV Corporation (BKV) are FCG (0.63), CRK (0.63) and GPOR (0.63). 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 BKV?
- Over the past year, the stocks most inversely correlated with BKV Corporation (BKV) are DRIP (-0.58), OILD (-0.54) and DUG (-0.52). 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 BKV correlations calculated?
- We compute the correlation of daily returns between BKV 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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