Barnes & Noble Education, Inc (BNED) — Stock Correlations & Overview

Over the past year, BNED has moved most closely with IMMR, KSS, RWJ. Explore the stocks most correlated and inversely correlated with BNED below, along with its price, financials, and company profile.

Stocks correlated with BNED

Correlation of daily returns. Higher positive values move with BNED; negative values move opposite it. Informational only, not investment advice.

Most correlated with BNED

SymbolCompanyCorrelation
IMMRImmersion CorpCOMPUTER PERIPHERAL EQUIPMENT, NEC0.63
KSSKohls CorporationRETAIL-DEPARTMENT STORES0.49
RWJInvesco S&P SmallCap 600 Revenue ETFINVESTMENT ADVICE0.48
RZVInvesco S&P SmallCap 600 Pure Value ETF0.47
EESWisdomTree U.S. SmallCap Fund0.47

Most inversely correlated with BNED

SymbolCompanyCorrelation
SBBProShares Short SmallCap600-0.46
SDDProShares UltraShort SmallCap600-0.44
TWMProShares UltraShort Russell2000-0.43
TZADirexion Daily Small Cap Bear 3x ETF-0.43
SRTYProShares UltraPro Short Russell2000-0.42

Frequently asked questions about BNED correlations

Which stocks are most correlated with BNED?
Based on one year of daily returns, the stocks most correlated with Barnes & Noble Education, Inc (BNED) are IMMR (0.63), KSS (0.49) and RWJ (0.48). 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 BNED?
Over the past year, the stocks most inversely correlated with Barnes & Noble Education, Inc (BNED) are SBB (-0.46), SDD (-0.44) and TWM (-0.43). 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 BNED correlations calculated?
We compute the correlation of daily returns between BNED 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.
Trading View Logo

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.