BlackRock 2037 Municipal Target Term Trust (BMN) — Stock Correlations & Overview
Over the past year, BMN has moved most closely with BSMU, CHNR, OKTA. Explore the stocks most correlated and inversely correlated with BMN below, along with its price, financials, and company profile.
Stocks correlated with BMN
Correlation of daily returns. Higher positive values move with BMN; negative values move opposite it. Informational only, not investment advice.
Most correlated with BMN
| Symbol | Company | Correlation |
|---|---|---|
| BSMU | Invesco BulletShares 2030 Municipal Bond ETF | 0.24 |
| CHNR | China Natural Resources, Inc.WHOLESALE-MISCELLANEOUS NONDURABLE GOODS | 0.23 |
| OKTA | Okta, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | 0.23 |
| CRM | Salesforce, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.23 |
| DG | Dollar General Corp.RETAIL-VARIETY STORES | 0.22 |
Frequently asked questions about BMN correlations
- Which stocks are most correlated with BMN?
- Based on one year of daily returns, the stocks most correlated with BlackRock 2037 Municipal Target Term Trust (BMN) are BSMU (0.24), CHNR (0.23) and OKTA (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 BMN?
- Over the past year, the stocks most inversely correlated with BlackRock 2037 Municipal Target Term Trust (BMN) are EHGO (-0.21), YDES (-0.21) and SBpD (-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 BMN correlations calculated?
- We compute the correlation of daily returns between BMN 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.