Which stocks are most correlated with BOF?

Based on one year of daily returns, the stocks most correlated with BranchOut Food Inc. Common Stock (BOF) are GM (0.34), SWIM (0.32) and LGI (0.32). 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 BOF?

Over the past year, the stocks most inversely correlated with BranchOut Food Inc. Common Stock (BOF) are CARD (-0.29), RWM (-0.28) and TWM (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

BranchOut Food Inc. Common Stock (BOF) — Stock Correlations & Overview

Over the past year, BOF has moved most closely with GM, SWIM, LGI. Explore the stocks most correlated and inversely correlated with BOF below, along with its price, financials, and company profile.

Stocks correlated with BOF

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

Most correlated with BOF

Symbol	Company	Correlation
GM	General Motors CompanyMOTOR VEHICLES & PASSENGER CAR BODIES	0.34
SWIM	Latham Group, Inc. Common StockPLASTICS PRODUCTS, NEC	0.32
LGI	Lazard Global Total Return & Income Fund	0.32
FPF	FIRST TRUST INTERMEDIATE DURATION PREFERRED & INCOME FUND	0.32
MADE	iShares U.S. Manufacturing ETF	0.32

Most inversely correlated with BOF

Symbol	Company	Correlation
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.29
RWM	ProShares Short Russell2000	-0.28
TWM	ProShares UltraShort Russell2000	-0.28
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.28
SRTY	ProShares UltraPro Short Russell2000	-0.28

Frequently asked questions about BOF correlations

Which stocks are most correlated with BOF?: Based on one year of daily returns, the stocks most correlated with BranchOut Food Inc. Common Stock (BOF) are GM (0.34), SWIM (0.32) and LGI (0.32). 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 BOF?: Over the past year, the stocks most inversely correlated with BranchOut Food Inc. Common Stock (BOF) are CARD (-0.29), RWM (-0.28) and TWM (-0.28). 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 BOF correlations calculated?: We compute the correlation of daily returns between BOF 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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