Boston Omaha Corporation (BOC) — Stock Correlations & Overview
Over the past year, BOC has moved most closely with BHB, SIXS, SMLV. Explore the stocks most correlated and inversely correlated with BOC below, along with its price, financials, and company profile.
Stocks correlated with BOC
Correlation of daily returns. Higher positive values move with BOC; negative values move opposite it. Informational only, not investment advice.
Most correlated with BOC
| Symbol | Company | Correlation |
|---|---|---|
| BHB | Bar Harbor BanksharesSTATE COMMERCIAL BANKS | 0.35 |
| SIXS | ETC 6 Meridian Small Cap Equity ETF | 0.34 |
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 0.33 |
| LCNB | LCNB CorporationNATIONAL COMMERCIAL BANKS | 0.33 |
| DSMC | Distillate Small/Mid Cash Flow ETF | 0.32 |
Most inversely correlated with BOC
| Symbol | Company | Correlation |
|---|---|---|
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.29 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.27 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.24 |
| SNYR | Synergy CHC Corp. Common StockMEDICINAL CHEMICALS & BOTANICAL PRODUCTS | -0.23 |
| SKF | ProShares UltraShort Financials | -0.23 |
Frequently asked questions about BOC correlations
- Which stocks are most correlated with BOC?
- Based on one year of daily returns, the stocks most correlated with Boston Omaha Corporation (BOC) are BHB (0.35), SIXS (0.34) and SMLV (0.33). 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 BOC?
- Over the past year, the stocks most inversely correlated with Boston Omaha Corporation (BOC) are DWSH (-0.29), HDGE (-0.27) and FAZ (-0.24). 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 BOC correlations calculated?
- We compute the correlation of daily returns between BOC 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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